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Super Micro: Super Micro surges as sales projection fuels AI rally

Super Micro Computer's stock jumped almost 10% to a record high in extended trade on Monday, extending its recent AI-fueled rally after the server seller projected stronger-than-expected quarterly sales.The San Jose, California, company's report after the bell also lifted shares of Nvidia by 1.2%, adding to a 2.3% gain during Monday's session that saw the world's most valuable chipmaker close at a record high.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate

Passenger Vehicles Sales Rose 23 Percent, Records 37.93 Lakh Units in 2022

Domestic passenger vehicles sales rose by 23 percent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai, and Tata Motors as the companies rode on easing of pandemic-related challenges and semiconductor shortages to cash in on pent-up demand, especially for SUVs.Other manufacturers like Toyota Kirloskar Motor and Skoda India also reported record sales in 2022.“The industry wholesales in January to December 2022 were just short of 38 lakh units. It was 37.93 lakh units against 30.82 lakhs in…