Nvidia’s blowout earnings ignite global tech stocks. What it means for D-Street investors

In a market that has spent weeks fretting over whether the artificial-intelligence boom was running ahead of reality, Nvidia’s blockbuster earnings landed like a defibrillator on Thursday, jolting global tech stocks sharply higher and setting the stage for a risk-on open in India. The chipmaker’s profit and guidance blew through Wall Street forecasts, reviving animal spirits that had drained out of the sector since October and triggering a relief rally across Asia before the opening bell in Mumbai.

Read more

You may also like

Comments are closed.

More in IT