Nvidia results spark global chip rally

Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 6.5% higher at 05:53 a.m. ET 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. 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. Nvidia's earnings also helped li ... Read full article.