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Investor's Business Daily on MSN
Dow Jones Futures Rise As Nvidia Earnings Rev Rally; Walmart Tops, Jobs Report Due
Dow Jones futures rose early Thursday, along with S&P 500 futures and especially Nasdaq futures. NvidiaNVDA jumped on strong earnings and guidance, also lifting BroadcomAVGO, Taiwan SemiconductorTSM,
Nvidia CEO Jensen Huang calls Q4 guidance 'crazy good' as chipmaker rides AI boom wave. Stock jumps 5% after beating earnings expectations in third quarter.
A relief rally lifted world stock markets on Thursday as investors cheered AI chip giant Nvidia's forecast-topping earnings, while the dollar hovered near a 6-month high as traders braced for delayed U.
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models.
Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high
AMD stock at $233.49 with Wall Street price targets hitting $300 on AI chip roadmap, Cisco partnership, and strong technical momentum in semiconductor rally.
11hon MSN
Nvidia CEO Jensen Huang isn't worried about a bubble. He says the AI boom is just getting started.
Nvidia's record earnings affirms CEO Jensen Huang's position that the AI boom is gaining momentum.
Arm Holdings Plc plans to start incorporating Nvidia Corp.’s NVLink technology into chip designs for AI data centers, tightening the relationship between two influential semiconductor companies.