MIC Electronics Share Price Jumps 10% as Global Chip Stocks Rally on Strong Nvidia Q3 Results

MIC Electronics Share Price Jumps 10% as Global Chip Stocks Rally on Strong Nvidia Q3 Results

The mood in the semiconductor space turned sharply upbeat today, and MIC Electronics found itself riding that global wave. The small-cap chip-related stock surged 10% in early trade, catching traders’ attention as buying volumes spiked sharply.

This sudden burst of momentum came just when the broader chipmaker universe was buzzing after Nvidia posted stronger-than-expected Q3 earnings. With global AI chip stocks moving higher, MIC Electronics also picked up strength on the domestic front.

Market Performance

MIC Electronics shares opened on a firm note and rallied straight to a 10% jump, touching ₹51.70 on the BSE. What stood out was the surge in trading activity.

Key trading highlights today:

  • Around 49 lakh shares were traded.
  • This is significantly higher than its one-week average of 19 lakh shares.

The spike shows clear participation from market players tracking AI chip stocks, semiconductor news flow, and global technology sentiment.

Main News: Nvidia Q3 Results Ignite Chip Stock Rally

The biggest trigger for today’s rally across chip stocks globally was the blockbuster Q3 numbers released by Nvidia.

Here’s how Nvidia performed in Q3 FY2025:

  • Q3 net profit: $31.9 billion, up 65% YoY
  • Earnings per share: $1.30
  • Q3 revenue: $57 billion, up 62% YoY
  • Q4 revenue guidance: $65 billion, plus or minus 2%
  • Expected adjusted gross margin: 75%, plus or minus 50 bps

Following the results, Nvidia's stock price jumped 5% in extended trade, and the company’s market value moved toward $4.5 trillion. The stock is already up 35% this year.

The positive surprise from Nvidia helped lift sentiment in leading AI chip stocks and semiconductor names across the US and Asia.

US technology and chip stocks reacted strongly:

  • Advanced Micro Devices gained 4.45%
  • Alphabet rose 2.39%
  • Microsoft added 1.35%
  • IBM moved 1.08% higher
  • Intel gained 2.22%
  • Broadcom jumped 4%
  • Qualcomm added 0.64%

Asian semiconductor stocks also rallied sharply:

  • SK Hynix gained 1.6%
  • Samsung Electronics rose 4.25%
  • Taiwan Semiconductor Manufacturing Company climbed 4.30%
  • Hon Hai Precision Industry added 3.28%

With global chipmakers in focus, Indian chip-related stocks such as MIC Electronics also witnessed increased momentum.

Company Details: MIC Electronics Share Price Performance

Despite today’s sharp jump, MIC Electronics’ longer-term performance tells a more mixed story. The stock has seen both corrections and multibagger phases in recent years.

Here’s the share price track record:

  • Down 13% in the last 1 month
  • Down 3% in the last 3 months
  • Down 19% in the last 6 months
  • Down 45% in the last 1 year
  • Up 30% in the last 2 years
  • Delivered a massive 5,200% return in the last 5 years

This long-term surge continues to draw investor interest whenever the stock enters news flow, especially during global semiconductor rallies.

Summary

MIC Electronics' share price jumped 10% today, supported by high trading volumes and a sharp rebound in global chipmaker stocks. Nvidia’s strong Q3 numbers and upbeat guidance set off a positive chain reaction in AI stocks across the US and Asia, and that broader semiconductor rally boosted sentiment toward MIC Electronics as well.

The stock continues to remain in focus due to its volatile short-term performance and its extraordinary long-term return profile over five years.

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