New Delhi, Nov. 20 -- MIC Electronics share price jumped 10% on Thursday, led by heavy buying volumes. The small-cap stock rallied as much as 10% to Rs.51.70 apiece on the BSE.

The steep surge in MIC Electronics share price today was supported by robust trading volumes. Around 49 lakh equity shares of MIC Electronics changed hands on stock exchanges as against its one week average trading volumes of 19 lakh shares.

MIC Electronics shares saw gains amid a rally in global AI-related chipmaker and semiconductor stocks after a strong earnings report by Nvidia Corp, showing signs that AI bubble concerns aren't slowing down the industry.

Chip stocks in the US markets and Asian markets rallied after American Artificial Intelligence (AI) chip ...