NVIDIA's Soaring Performance Lifts Market,AI and Semiconductor ETFs Rally
@ETF Tracker:
Impressive Financial Performance and Its Impact on the Semiconductor MarketNVIDIA (NVDA), a top US chip designer, exceeded Wall Street's fourth-quarter earnings and revenue expectations, signaling a strong position in the AI chip market and promising prospects for the semiconductor industry post-2025.Investor sentiment was buoyant:Key supplier Taiwan Semiconductor Manufacturing Company (TSMC) saw a 2% stock price increase, while Super Micro Computer, Inc. (SMCI) witnessed a substantial 32.87% surge. Competitors AMD and Arm Holdings (ARM) also experienced stock price gains of 10.69% and 4.17%, respectively.NVIDIA's stock soared by 16.4% in after-hours trading, showcasing rising demand for its Graphics Processing Units (GPUs) crucial for AI applications like OpenAI's ChatGPT.This optimism ex