Chipmaker Nvidias bullish sales forecast sparks nearly 405 billion rally in AI stocks

Chipmaker Nvidias bullish sales forecast sparks nearly 405 billion rally in AI stocks

OAKLAND, California – Stocks related to artificial intelligence (AI) surged in extended trade on Wednesday, adding almost US$300 billion (SS404.9 billion) in market capitalisation after chipmaker Nvidia Corp forecast strong revenue growth and said it was boosting production of its AI chips to meet surging demand. Nvidia’s stock zoomed as…Read More

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