22-02-2024 22:58 via rocketnews.com

Nvidia earnings spark records across chip sector, and AMD’s stock pops

Nvidia Corp.’s latest earnings report was one for the history books in many ways as the company delivered record profits and revenue — and spurred the biggest one-day haul of market capitalization for any U.S. company.See more: Nvidia makes Wall Street history as stock surge adds $277 billion in market capBut it’s not just Nvidia NVDA, +16.40%setting records in the wake of its results. Shares of rival Advanced Micro Devices Inc. AMD, +10.69%closed at a new all-time high, up 11.
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