Irrespective of where oil prices or bond yields are heading. Irrespective of the safety concerns and the supposed sage advice from the industry leaders to slow down. Artificial intelligence remains the “it” thing on Wall Street, and mere mention of any connection with the revolutionary tech is enough to send a company's stock on a searing rally.
That is what happened with SCHMID (SHMD), the German industrial tech company. Shares popped more than 20% last week on Friday after reports emerged that chip giants, such as Nvidia (NVDA), AMD (AMD), and Intel (INTC), are considering the use of glass substrates.