Evening Edition: Stocks Surge After A-I Chip Maker Releases Earnings Report
Shares of United States chip designers Nvidia surging 16% by the close of the trading day after their last quarter sales tripled from a year ago propelling gains across the markets. Nvidia custom designs A-I chips for major tech companies like Google, Microsoft and Meta. Other A-I and semiconductor chip stocks also had major rallies Thursday on the heels of Nvidia’s gains.
FOX’s John Saucier speaks with Gary Kaltbaum, President of ‘Kaltbaum Capital Management’ and FOX News Channel business contributor, about the hottest stock on the market right now and how it is increasing gains for other tech companies.
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