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Nvidia s Frankfurt shares surge as stellar results seen keeping AI rally alive

Aug 24 - Frankfurt-listed shares of Nvidia jumped 8.7% on Thursday, lifting tech shares around the world, after the company forecast quarterly revenue that smashed.

Stacya rasgonIpek ozkardeskayaSusan mathewBe semiconductorTaiwan semiconductor manufacturing coSenior analyst at swissquote bankElazar advisorsRosenblatt securitiesWall streetSenior analystBig tech

artificial intelligence: Nvidia results burnish AI rally, lift global tech shares

Nvidia s shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. They have tripled in value this year.

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Nvidia s Frankfurt shares surge as stellar results seen keeping AI rally alive

Nvidia's shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. More than 20 brokerages raised their target price on Nvidia after the earnings, according to Refinitiv data, with Elazar Advisors being the most bullish at $1,600. Nvidia has been the biggest beneficiary of the rise of ChatGPT and other generative AI apps, virtually all of which are powered by its graphics processors.

Ipek ozkardeskayaSusan mathewStacya rasgonBe semiconductorSenior analyst at swissquote bankTaiwan semiconductor manufacturing coElazar advisorsRosenblatt securitiesWall streetSenior analystBig techPremarket trading

Nvidia hits new all-time high as AI demand fuels record results By Reuters

Nvidia hits new all-time high as AI demand fuels record results By Reuters
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J P Morgan now expects ECB to pause, not raise, rates in September

J.P.Morgan said on Wednesday it now expects the European Central Bank to pause its tightening cycle in September as euro zone business activity contracted much more than expected, pointing to.

Savio dsouzaSusan mathewEuropean central bankWall streetSaviod souza

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