2023-05-25 01:00:53
U.S. semiconductor maker Nvidia’s financial results show strong customer demand for semiconductors used in artificial intelligence (AI)-related calculations, and after-hours trading on the U.S. stock market on the 24th, AI technology-related Stocks soared.
An exchange-traded fund composed of semiconductor stocks (ETF) rose more than 3% in after-hours trading. Nvidia’s rival Advanced Micro Devices (AMD) rose 10%. American Depositary Receipts (ADRs) of Taiwan Semiconductor Manufacturing Corp. (TSMC), which manufactures Nvidia’s semiconductors, jumped 8 percent.
NVIDIA outperforms average analyst forecasts for second quarter salessurpassed.
Nvidia stock rose 29% in after-hours trading. If the rise continues even in regular trading on the 25th, it will set a new high since listing.
Related article:
news-rsf-original-reference paywall">Original title:Nvidia Ignites AI-Related Stock Rally After ‘Blow-Out’ Forecast(excerpt)
1684981840
#AIrelated #stocks #surge #board #Nvidia #sales #outlook #beats #expectations #Bloomberg