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Nvidia AI Chips til Kina
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Nvidia's impressive results set record highs on global stock markets. The AI chip maker's shares rose 16.4%, lifting global interest in AI-related chips.
By Maria
23 feb. 2024 08:06 am
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AI chipmaker Nvidia's impressive results on Thursday sparked a global wave of record share prices, including the first new peak for Japan's Nikkei since 1989. Bond yields rose mostly as economic data kept immediate hopes of interest rate cuts at bay. The S&P 500 index and the Dow Jones Industrial Average on Wall Street, along with Europe's pan-regional STOXX 600 index and MSCI's all-country world index, also hit record highs as Nvidia shares rose 16.4 percent and lifted shares in artificial intelligence-related chip companies around the world.

National bourses in Frankfurt and Paris also set new records, while overnight Chinese shares extended their winning streak to eight in a row. After trading ended Wednesday, Nvidia predicted a roughly three-fold increase in first-quarter revenue and beat expectations for fourth-quarter revenue due to strong demand for its AI chips.

Nvidia added $277 billion in market capitalization, the largest one-day increase in a company's market capitalization in history. "What Nvidia represents is the catalyst for the Roaring 20s in terms of productivity improvement going forward, and when productivity increases, it keeps inflation in check," said Thomas Hayes, chairman and managing member of Great Hill Capital LLC in New York.

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