View: Nvidia isn’t the only one getting a massive AI boost

Nvidia Corp.’s market value jumped $207 billion in the two days after the US chip designer on May 24 gave an amazingly good revenue outlook following a season of bad news for the semiconductor industry. Yet there’s a handful of other technology companies that may benefit even more from the race to embrace artificial intelligence.

There are numerous ways to put this forecast and subsequent reaction into context. The sales figure is 53% more than analysts had expected, and 33% higher than the company’s previous record achieved in March last year. The first-day pop was the third-largest gain in US history, while the two-day gain eclipsed the market cap of all but 48 stocks across the globe.