Nvidia shares climbed more than 5% in after-hours trading after reports said major cloud providers placed record orders for the company’s newest AI accelerators. The move added fresh momentum to a stock that has already benefited from booming demand for artificial intelligence hardware.

According to the Reuters report, large hyperscalers are continuing to expand their spending on data-center infrastructure as companies race to deploy and train more advanced AI systems. That trend has made Nvidia’s chips a core part of the fast-growing market for high-performance computing.

The latest surge in demand also reflects broader enterprise adoption of AI tools, which has kept pressure on cloud and tech giants to secure more computing capacity. Investors have closely watched order flow for signs that the current AI investment cycle remains strong.

Nvidia has become one of the market’s most closely followed companies as its products sit at the center of the AI buildout. The reported order growth suggests customers are still buying aggressively, even as competition intensifies across the semiconductor sector.