From GPUs to Copper: How AI Is Reshaping the Global Commodities Market
The development of artificial intelligence is increasingly affecting not only the semiconductor market but also the cost of the raw materials needed to build a modern computing infrastructure. If Nvidia accelerators and HBM memory chips have been the main focus of investors' attention over the past two years, copper has now emerged as another key beneficiary of the AI boom. Its price on the London Metal Exchange has once again climbed close to its historical high, reflecting the growing shortage of one of the most important industrial metals.