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Nasdaq futures jump nearly 2% after Nvidia trounces expectations

Futures tracking the tech-heavy Nasdaq jumped more than 2% on Thursday after Nvidia's bumper results and forecast added to the euphoria around artificial intelligence that has propelled Wall Street to record highs this year. Nvidia's shares surged 14.3% in premarket trade after the chip designer forecast a roughly three-fold surge in first-quarter revenue on strong demand for its AI chips. The company, which also beat expectations for fourth-quarter revenue, could add more than $200 bi...
Ryan Detrick Shounak Dasgupta Amruta Khandekar Arm Holdings Super Micro Computer Advanced Micro Devices
Source: yahoo.com

nvidia: Nvidia nears $2 trillion mark as AI mania rekindles Wall St tech rally

Nvidias market value surpasses $2 trillion as AI chip demand skyrockets. It leads S&P 500, plays a vital role in the tech revolution. Shares surge, adding over $230 billion to market cap. China imposes chip sales restrictions. Analysts earnings estimates increase.
Michael Orourke Offering College Indian School Of Business Advanced Micro Devices Technology Leadership Arm Holdings

GRAPHIC: Nvidia's growing sway over U.S. stock market

No single stock has embodied the U.S. market’s artificial intelligence fervor as much as Nvidia Corp, leaving Wall Street tied to the fluctuations of its volatile shares. The semiconductor company, whose chips are considered the gold standard in the AI industry, forecast fiscal first-quarter revenue above estimates after the market closed on Wednesday in one of the most highly anticipated earnings releases in recent memory. Given the company’s status as a bellwether of the AI ind...
Paul Marino Saqib Iqbal Ahmed Noel Randewich Lewis Krauskopf Ira Iosebashvili Suzanne Mcgee
Source: yahoo.com

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