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Nvidia, Super Micro Computer, and Sea Ltd Led the Market Higher This Week
SESea(SE) The Motley Fool·2024-08-16 19:31

The AI trade is back on. After a few weeks of turbulence, the stock market shifted back to the early-2024 narrative of buying all things artificial intelligence (AI) this week. Not only were we past the earnings season question about future demand for AI, but investors are now speculating about what Nvidia's (NVDA 1.19%) earnings will look like. For this week, shares of Nvidia jumped 18.8%, Super Micro Computer (SMCI 0.22%) was up 22.1%, and Sea Ltd (SE -0.14%) rose 23.3%, as of 3 p.m. ET on Friday afternoo ...