00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA's blowout quarterly results lifted global tech stocks as demand for AI hardware
00:07stayed strong and eased bubble concerns, according to Reuters.
00:10Chip giant's strong results eased some AI bubble concerns,
00:13but doubts remain about whether current surge in spending will prove sustainable.
00:17Fuller sentiment lifted global tech stocks as major U.S. chipmakers rose sharply
00:21and other semiconductor companies logged additional gains.
00:24Europe's tech index rose 1.2%, led by a gain in ASML.
00:28In Asia, major chip suppliers climbed as TSMC and SK Hynix advanced,
00:32and Japan's Nikkei returned to the $50,000 level.
00:36CEO Jensen Huang dismissed AI bubble fares and highlighted strong long-term demand
00:40as analysts praised NVIDIA's better-than-expected beat and raise in its execution
00:44across a complex supply chain.
00:46Shares rose in pre-market trading as NVIDIA moved toward adding nearly $243 billion to its market cap.
00:52For all things money, visit Benzinga.com.
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