AI Mania Resumes, With Nvidia Outlook Saving Broader Market
- Chipmaker’s shares gain post-market after earnings report
- ‘As goes Nvidia, so goes the market,’ says Bokeh’s Forrest
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Equity investors can exhale.
On a day when virtually all trading felt like a prelude to Nvidia Corp.’s earnings report, the chip-making darling delivered a robust sales forecast that reinvigorated the artificial-intelligence mania behind last year’s stock-market rally. Its shares surged, spurring gains in index futures and rallies in global peers and suppliers.