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Dell Technologies Soars, AI Semiconductor Stocks Drive New York Stock Market to All-Time Highs

[비즈니스포스트] All three major New York stock market indices rose.

As the stock price of Dell Technology, an American PC and server manufacturer, soared and stocks related to artificial intelligence (AI) semiconductors rose, the S&P and Nasdaq indices once again set new all-time highs.

▲ On the 1st (local time), the New York stock market closed higher thanks to the rise in the stock prices of artificial intelligence semiconductor-related stocks. The photo shows a trader at the New York Stock Exchange. <연합뉴스>

On the 1st (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 39,087.38, up 90.99 points (0.23%) from the previous day.

The Standard & Poor’s (S&P) 500 index closed at 5,137.08, up 40.81 points (0.80%), and the Nasdaq index, centered on technology stocks, closed at 16,274.94, up 183.02 points (1.14%).

The Nasdaq index broke its all-time high based on the previous day’s closing price. The S&P 500 index also exceeded the 5,100 mark for the first time in history.

The stock price rise on this day was influenced by Dell Technology’s announcement of sales and net profit that exceeded market expectations.

Dell Technology explained in a conference call that AI server orders had increased significantly as demand greatly exceeded supply, and its stock price soared by more than 30% that day.

Thanks to the rise in Dell Technologies’ stock price, AMD’s stock price also rose by more than 5% and Nvidia’s stock price rose by more than 4%.

International oil prices also rose.

On the 1st, on the New York Mercantile Exchange, West Texas Intermediate (WTI) crude oil for April delivery finished trading at $79.97 per barrel, up 2.19% ($1.71) from the previous day.

On the London Futures Exchange, North Sea Brent oil for May delivery also closed at $83.55 per barrel, up 2.00% ($1.64) from the previous day. Reporter Cho Seung-ri

2024-03-03 02:10:44
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