Nvidia's blowout forecast adds fresh fuel to AI rally; stock jumps 9%
Nvidia rallied 9% on Thursday as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, lifting shares across the semiconductor sector.
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Nvidia rallied 9% on Thursday as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, lifting shares across the semiconductor sector.
AI chip leader Nvidia topped even Wall Street's elevated "whisper numbers" with its fiscal Q1 results and guidance. Nvidia stock rose.
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Super Micro Computer stock has experienced a partial rebound after last month's sharp pullback, but shares remain a strong buy.
4:10pm: Nvidia's soaring shares fail to offset rate concerns The Dow Jones finished its worst day of the year, dropping 1.5% on Thursday as US markets ended...