Nasdaq and S&P 500 futures surge driven by Nvidia’s strong performance in chip stocks rally

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Nasdaq and S&P 500 futures surge driven by Nvidia’s strong performance in chip stocks rally

Futures tied to the Nasdaq and S&P 500 climbed on Thursday as semiconductor stocks surged following Nvidia’s positive revenue outlook, boosting confidence in the rapid advancement of artificial intelligence technology. The optimistic forecast from Nvidia, a major player in the semiconductor industry, has ignited investor enthusiasm for the potential of AI technology.

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https://www.reuters.com/markets/us/nasdaq-sp-500-futures-pop-nvidia-fuels-chip-stocks-rally-2024-05-23/