---
title: "NOW Jumps 8.78% as AI Inference Builds Momentum"
canonical_url: https://www.stockexpertai.com/journal/2026-05-19/now-jumps-878-as-ai-inference-builds-momentum
last_updated: 2026-05-19T06:19:48.439Z
section: "Stock of the Day"
author: "Sam Rivera"
publisher: Stock Expert AI
tickers: NOW, CRM, MSFT, EXPN, ORCL, SITM, DK, ECO, DVN, FTI, APC, VTRS
content_type: journal-article
---

# NOW Jumps 8.78% as AI Inference Builds Momentum

## The Take
- Consider the shift from AI model training to AI inference when evaluating tech investments; NOW is positioned to benefit.

_ServiceNow rallies on shifting AI investment landscape._

ServiceNow (NOW) deserves a closer look today as it jumps 8.78% to $103.42. Recent analysis suggests a shift in the artificial intelligence trade, moving beyond solely focusing on the computing power needed for training AI models to the growing demand for AI inference. This transition favors companies positioned to capitalize on the deployment and application of AI, and ServiceNow appears to be benefiting from this trend.

The increasing emphasis on AI inference suggests a new phase of investment within the semiconductor industry and related sectors. While the initial AI boom centered on companies providing hardware for training large models, the focus is now expanding to include software and services that facilitate the practical application of AI. According to a recent article, AI-driven U.S. tech valuations are reflecting significant exuberance, with some analysts suggesting a rotation into undervalued or fairly valued U.S. software compounders like NOW, Microsoft (MSFT), and Salesforce (CRM).

ServiceNow's strong performance today aligns with this broader narrative. The company's platform enables businesses to integrate and automate AI-powered workflows, positioning it well to capture the growing demand for AI inference solutions. While some analysts advocate for caution regarding overvalued tech stocks, the shift toward AI inference could provide sustained growth opportunities for companies like ServiceNow. CRM also saw gains, rising 3.44% to $179.48, while MSFT increased a more modest 0.38% to $423.54.

Key Metrics:
* NOW: $103.42 (+8.78%)
* CRM: $179.48 (+3.44%)
* MSFT: $423.54 (+0.38%)

## Related Tickers
- [NOW](https://www.stockexpertai.com/stock/now)
- [CRM](https://www.stockexpertai.com/stock/crm)
- [MSFT](https://www.stockexpertai.com/stock/msft)
- [EXPN](https://www.stockexpertai.com/stock/expn)
- [ORCL](https://www.stockexpertai.com/stock/orcl)
- [SITM](https://www.stockexpertai.com/stock/sitm)
- [DK](https://www.stockexpertai.com/stock/dk)
- [ECO](https://www.stockexpertai.com/stock/eco)
- [DVN](https://www.stockexpertai.com/stock/dvn)
- [FTI](https://www.stockexpertai.com/stock/fti)
- [APC](https://www.stockexpertai.com/stock/apc)
- [VTRS](https://www.stockexpertai.com/stock/vtrs)

## Frequently Asked Questions

### Why is ServiceNow (NOW) stock price increasing?
ServiceNow's stock is rising due to increased investor interest in AI inference. The company's platform is well-positioned to capitalize on the growing demand for AI-powered workflows, leading analysts to believe it's benefiting from a shift in AI investment beyond just training models. This shift favors companies that facilitate the practical application of AI.

### What is AI inference and why is it important?
AI inference is the process of using a trained AI model to make predictions or decisions on new data. It's becoming increasingly important as businesses seek to deploy and apply AI in real-world scenarios. This shift in focus from AI model training to AI inference is driving new investment opportunities in software and services that support AI applications.

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_AI-generated under human editorial supervision. Educational research, not financial advice._