Shares of several AI technology companies moved higher Thursday as investors continued to express confidence in the long-term growth of artificial intelligence, despite ongoing geopolitical uncertainty and broader market volatility.

Chipmakers and other companies supporting the AI economy led the gains, with memory and semiconductor firms benefiting from continued optimism surrounding data center expansion and enterprise AI investment. Analysts say the technology powering artificial intelligence—including advanced chips, networking equipment, cloud computing and data storage—remains one of the market’s strongest long-term growth themes.

Among the companies drawing investor attention were Micron Technology, Marvell Technology, SanDisk and Broadcom, all of which play important roles in supplying the hardware behind modern AI systems. Continued spending by major technology companies on AI infrastructure has helped reinforce confidence across the sector.

The gains came even as investors monitored geopolitical developments overseas. Rather than retreating from AI-related investments, many market participants appear to be separating near-term global uncertainty from the long-term demand for computing power, data centers and next-generation semiconductor technology.

While daily market movements remain unpredictable, investor interest in AI technology companies continues to reflect a broader belief that artificial intelligence will remain one of the defining economic and technological trends of the decade.