Nvidia gains $185bn in value after predicting AI-driven boom in chip demand

Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investorsThe value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of artificial intelligence products such as ChatGPT.Nvidia’s share price rose by 25% in early trading on the back of the announcement, and gave it a market valuation of more than $940bn (£760bn) after stock markets opened on Wall Street on Thursday