Nvidia's record sales and 'parabolic' AI infrastructure demand lift semiconductor stocks Impinj, Lam Research, and FormFactor

Nvidia reported record sales and income driven by what its CEO described as 'parabolic' demand for AI infrastructure. In response, Impinj shares jumped 3.3%, Lam Research jumped 2.8%, and FormFactor jumped 2.4% in afternoon trading.

The strong results signal a massive buildout of data centers that require high-performance chips, directly benefiting memory chip manufacturers and semiconductor equipment makers. Some analysts have declared a 'semiconductor supercycle,' a prolonged period of above-average industry growth.

Impinj is down 21.9% since the beginning of the year and trading 41.9% below its 52-week high of $241.91 from October 2025. The stock has experienced 40 moves greater than 5% over the last year, indicating extreme volatility.