Industry headliner Nvidia has continued to see its share price rise to astronomical heights, with a 184.5% jump year-to-date to US$137.06 ($184.50) as of Dec 12. In its 3QFY2025 ended Oct 27 results, the chip giant reported a net income of US$19.3 billion, up 16% q-o-q and 109% higher y-o-y from 3QFY2024’s US$9.24 billion. “The age of AI is in full steam, propelling a shift to Nvidia computing,” says Jensen Huang, the company’s founder and CEO.
The semiconductor industry has experienced a mixed year. On the one hand, Semiconductor Equipment and Materials International (SEMI) reported that electronic sales rebounded in the third quarter, growing 8% q-o-q after declining in the first half. Likewise, semiconductor capex turned the corner in the period, with memory-related capex surging 34% q-o-q and 67% y-o-y.
Memory capacity, in particular, increased by 0.6% in the third quarter due to the surging demand for high bandwidth memory (HBM) chips, which are essential to the complex computing demands for AI processes.
