This surge is partly due to Nvidia, which added nearly $300 billion in market value since its earnings report last week. Nvidia dominates approximately 80%[6] of the AI data center accelerator market, serving major platforms like Amazon's AWS, Alphabet's Google Cloud, and Microsoft’s Azure. The software tools Nvidia developed to maximize the performance of its chips have set a benchmark across the industry. Investors can long Nvidia using our 2x NVIDIA, 3x NVIDIA. Alternatively, investors can short Nvidia using our -1x NVIDIA, -3x NVIDIA.

Source: Wall Street Journal February 28, 2024 11:01 UTC