Frankfurt-listed shares of Nvidia jumped 8.7% on Thursday, lifting tech shares around the world, after the company forecast quarterly revenue that smashed expectations and announced a $25 billion buyback.
late on Wednesday, were driven by an artificial intelligence boom-fueled demand for its chips, and will boost its position in the prized trillion-dollar market value club it entered earlier this year.
Its shares have tripled in value this year, adding more than $700 billion to its market valuation and making it the first trillion-dollar chip firm. The results are also seen keeping a Wall Street rally alive, with futures tracking the tech-heavy Nasdaq 100 jumping more than 1%, while S&P 500 futures rose 0.7%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned By ReutersNvidia forecast tops Wall Street expectations, $25 billion share buyback planned
Baca lebih lajut »
Nvidia bets $25 billion that AI boom is far from over By ReutersNvidia bets $25 billion that AI boom is far from over
Baca lebih lajut »
Nvidia bets $25 bln that AI boom is far from overNvidia's CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what could be the largest single bet yet in the tech sector to back up his optimism.
Baca lebih lajut »
Exelixis price target raised to $29 vs. $25 at OppenheimerOppenheimer has raised its Exelixis Inc. price target to $29 from $25, citing the biotech’s Phase 3 CONTACT-02 trial evaluating Cabozantinib in combination...
Baca lebih lajut »
Today's deals: $160 AirPods Pro, Bose soundbars, Sony ANC headphones, $25 Echo Pop, moreTuesday's top tech deals include renewed AirPods Pro, Bose soundbars, Sony ANC headphones, Amazon Echo Pop, and more.
Baca lebih lajut »