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Home›Earnings›Previews›Nvidia shares surge after AI demand guidance eases inv…

Nvidia shares surge after AI demand guidance eases investor fears

The chipmaker’s outlook topped expectations, helping shares jump by more than $400 billion in market value, according to CNBC.

Reported · Written up by our desk · Previews

Nvidia shares climbed on Thursday after the company’s blowout earnings were followed by revenue guidance that reassured investors about the durability of AI demand, CNBC Earnings reported.

The outlet said the guidance was a key factor behind the market reaction, boosting confidence that Nvidia’s AI-related business will remain strong.

As a result, Nvidia’s surge translated into more than $400 billion in added value, according to CNBC.

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Sources

CNBC EarningsNvidia adds more than $400 billion in value after blowout earnings boost AI confidence

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