Nvidia shares jumped after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks. Names including SK Hynix and ASML were trading higher. Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images
Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.
Shares of Nvidia were 6% higher after the company posted better-than-expected earnings and revenue on Wednesday, even as it took a hit from U.S. semiconductor export restrictions to China.
Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks, with its latest strong numbers sparking a rally among global semiconductor names.
Nvidia’s earnings helped boost other chip names, with Taiwan Semiconductor, AMD and Qualcomm all up about 1%.
In Japan, Tokyo Electron closed more than 4% higher, while SK Hynix,