[Featured Stock] MDS Tech Nears Nvidia's $2,600 Trillion Market Cap... Spotlight on Domestic AI Partner

MDS Tech is showing strong performance. This is interpreted as being influenced by the news that Nvidia surpassed Google and Amazon to become the third largest company by market capitalization.

As of 10:48 AM on the 23rd, MDS Tech is trading at 2,090 KRW, up 8.18% compared to the previous day.

The day before, Nvidia announced its fiscal year 2023 Q4 (November to January) results that exceeded market expectations, causing its stock to surge 16.40% in a single day. As a result, its market capitalization nearly reached $2 trillion (approximately 2,600 trillion KRW), reclaiming the 3rd place in market cap rankings ahead of Alphabet, Google's parent company, and Amazon.

Riding the wave created by Nvidia, AMD also surged over 10% (10.69%), and other semiconductor-related stocks such as Broadcom (6.31%), Marvell Technology (6.64%), ASML (4.81%), Applied Materials (4.94%), and Micron (5.42%) showed strong gains.

Experts believe that Nvidia's optimistic outlook is reigniting a frenzy in AI-related stocks.

Meanwhile, MDS Tech, as an official partner of Nvidia, provides customized consulting and AI platform construction tailored to client development environments, and even offers deep learning instruction (DLI).