AICNBC1h ago
Nvidia stock closed up 8.74% on Thursday, adding ~$440B
Nvidia stock closed up 8.74% on Thursday, adding ~$440B to Nvidia's market cap, after its revenue guidance reassured investors that AI demand remains strong
TL;DRNvidia stock jumped 9% on strong AI demand outlook, adding $440B in value.
Why it matters: Signals sustained AI boom confidence; impacts broader tech valuations and chip sector momentum.
Nvidia shares rose nearly 9% Thursday after the chip giant's revenue guidance reassured investors that artificial intelligence demand will remain strong.
Read full articleSource: CNBC · Opens in new tab