Reported 2 months ago
Chip stocks, including Nvidia and AMD, rallied on Thursday, bouncing back from earlier losses attributed to economic worries and delays in Nvidia's new chip launch. The surge was supported by a better-than-expected jobless claims report, suggesting that prior economic concerns may have been overstated. Analysts view this volatility as a potential buying opportunity for investors looking to capitalize on the long-term demand for artificial intelligence.
Source: YAHOO