:Nvidia’s strong quarterly revenue forecast delivered on Wall Street’s high expectations on Wednesday, sparking gains in a range of AI-related stocks and giving a jolt to a stalled U.S. stock market recovery.Nvidia’s stock jumped nearly 10 per cent after the bell to a record high of $516, lifting its stock m
Nvidia’s stock jumped nearly 10 per cent after the bell to a record high of $516, lifting its stock market value by about $110 billion to $1.27 trillion and extending its lead as the world’s most valuable chipmaker. That came after the Santa Clara, California company issued a fiscal third-quarter revenue outlook above analysts’ expectations, boosted by soaring demand for its high-end chips that power much of the world’s major artificial intelligence technology.
