Nvidia's AI Boom Boosts Tech Stocks

Nvidias robust quarterly earnings, driven by AI hardware demand, bolstered global tech stocks, easing AI market bubble concerns. European and Asian tech indices surged, with Japans main index reaching a milestone. Nvidias CEO downplayed bubble fears, citing extended orders. J.P. Morgan praised Nvidias execution and financial outlook, as the company became the first chipmaker to reach a five trillion dollar market cap.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.