• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Nvidia results spark global chip rally

by May 30, 2025
written by May 30, 2025

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.

Shares of Nvidia were 6% higher after the company posted better-than-expected earnings and revenue on Wednesday, even as it took a hit from U.S. semiconductor export restrictions to China.

Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks, with its latest strong numbers sparking a rally among global semiconductor names.

Nvidia’s earnings helped boost other chip names, with Taiwan Semiconductor, AMD and Qualcomm all up about 1%.

In Japan, Tokyo Electron closed more than 4% higher, while SK Hynix, which is a supplier of high bandwidth memory to Nvidia, was nearly 2% up at the close of markets in South Korea.

In Europe, ASM International, BE Semiconductor Industries and ASML were all in positive territory.

The semiconductor industry has faced a number of headwinds from uncertainty around tariff policy in the U.S. and chip export restrictions to China.

Companies such as ASML, which makes machines that are critical for manufacturing the most advanced chips, have seen billions wiped off their value as a result.

Nvidia on Wednesday said it wrote off $4.5 billion of H20 chip inventory that it couldn’t ship to China because of export curbs, saying it also calculated $2.5 billion of lost revenue as well.

The restrictions on China do not seem to be going away.

The U.S. has ordered a number of companies, including those producing chemicals and design software for semiconductors, to stop shipping goods to China without a license, according to a Reuters report on Thursday.

Despite this, Nvidia still managed to post financial results for the April quarter that beat market expectations, allaying fears that demand for its graphics processing units, which have become key for training huge AI models, is dwindling.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Jill Biden should have to answer for ‘cover up’ of former president’s decline, White House says
next post
State Dept says DOGE’s changes will be permanent amid Musk’s departure

related articles

U.S. foreign tax bill sends jitters across Wall...

May 30, 2025

Amazon taps Xbox co-founder to lead new team...

May 30, 2025

Boeing to resume airplane deliveries to China next...

May 29, 2025

E.l.f. Beauty to acquire Hailey Bieber skin care...

May 29, 2025

Dick’s Sporting Goods stands by full-year guidance —...

May 28, 2025

Macy’s CEO says retailer will hike some prices...

May 28, 2025

23andMe to delist from Nasdaq, deregister with SEC

May 28, 2025

Walmart fined for shipping realistic toy guns to...

May 28, 2025

Why Trump’s iPhone tariff threat might not be...

May 25, 2025

Trump clears Nippon merger with U.S. Steel

May 24, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Pound Sterling Live: GBP/USD Technical Analysis

    July 18, 2024
  • Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

    August 23, 2024
  • Republicans projected to keep control of House as Trump prepares to implement agenda

    November 14, 2024
  • Russia, Ukraine agree to Black Sea ceasefire following US talks

    March 25, 2025
  • Here’s how the US and Israel could thwart Iran’s nuclear efforts under a new Trump administration

    November 23, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,734)
  • Investing (624)
  • Stock (775)

Latest Posts

  • HOLLYWOOD ELITES FOR HARRIS: Celebs sign on for another tired, star-filled sequel

    October 14, 2024
  • The Hitchhiker’s Guide to how the VP debate is sometimes more memorable than the presidential debates

    September 30, 2024
  • Will Trump White House rescue TikTok from looming ban? President-elect has done a 180 on the app

    November 15, 2024

Recent Posts

  • Modern Trade vs General Trade Management

    August 19, 2024
  • Booker delivers record Senate speech against Trump admin, Elon Musk: ‘Inflicted so much harm’

    April 2, 2025
  • US Presidential Election: Harris, Trump & Debate

    August 1, 2024

Editor’s Pick

  • The euro index is stagnating and is going to a new high

    July 18, 2024
  • Pi Network ranks 6th in Finland’s app charts, plans major update at Consensus 2025

    May 9, 2025
  • Dow jumps 384 points as jobs data lifts Wall Street; S&P 500 eyes longest winning streak since 2004

    May 3, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock