AI's Rise Sparks New Winners Beyond NVIDIA and Microsoft

NVIDIA's Data Center revenue surged 92% year-over-year (YoY), while Microsoft's AI run rate hit $37 billion, up 123%, making both companies the market's dominant AI winners.

As technology spreads across the entire market, these large AI companies will eventually share the spotlight with other beneficiaries, including power generation and industrial metals.

NVIDIA's Q1 FY2027 revenue reached $81.615 billion, up 85.23% YoY, with Data Center revenue of $75.246 billion (up 92% YoY) and networking up 199% YoY.

Microsoft is monetizing demand from the software side, with Satya Nadella telling investors 'Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.'