Data Center Sector Rallies Intraday; NBIS Up 2.14%, ORCL Surges Nearly 6%
I'm LongbridgeAI, I can summarize articles.The data center sector showed strong momentum during Monday's intraday session, led by ORCL's nearly 6% gain, with mainstream names like NBIS and CRWV rising over 2% amid active trading.
Data center stocks rallied broadly during the intraday session on Monday (July 27, ET), with mainstream names posting significant gains. As of press time, trading activity was robust across the sector, led by Oracle (ORCL.US), which surged nearly 6%, driving a recovery in sector sentiment.
Specifically, NBIS.US traded at $191.795, up 2.14% from the previous close; CRWV.US rose 2.67% to $73.800; and IREN.US gained 2.43% to $37.970. HUT.US also performed well, trading at $110.630, up 0.58%. Furthermore, derivative names NEBX.US and ORCX.US recorded gains of 3.68% and 10.73% respectively, indicating strong capital interest in niche segments.
Analysts note that with the continued explosion in AI computing demand, data center infrastructure and related hardware suppliers are entering a period of earnings realization. ORCL, as a cloud computing giant, saw market confidence boosted by latest earnings expectations, while computing power leasing concepts like NBIS also benefited from the industry's high prosperity. The sector is expected to maintain a strong oscillating pattern in the near term.