MarketPR
Nvidia's revenue guidance was the catalyst on Thursday, reassuring investors that AI demand is holding and pushing the chip giant's shares higher in a session that added more than $400 billion to its market value.
The earnings print came in as a blowout. Together, the result and the guidance settled the question the AI trade had been carrying into the report.
The print and what it confirmed More than $400 billion in added market value is the number in focus, and it arrived on earnings that came in as a blowout.
The result landed ahead of what the market had positioned for, and the revenue guidance extended the move by telling investors directly that AI demand will remain strong.
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