US stocks rebound ahead of Nvidia results

The stock market closed positively today, with the S&P 500 rising by 0.4%, supported by gains from Block and GE Vernova. The Nasdaq Composite increased by 0.6%, buoyed by strong earnings from Nvidia. Despite mixed intraday trading, the overall sentiment was optimistic as the Dow Jones also showed positive movement.

Amkor's shares experienced a significant increase in after-hours trading following the announcement of a new packaging partnership with Nvidia. This collaboration is expected to enhance Amkor's capabilities in semiconductor packaging, aligning with the growing demand for advanced technology solutions.

Nvidia reported a 62% increase in revenue for the three months ending in October, reaching $57 billion, surpassing analysts' expectations. This surge reflects the company's strong position in the AI sector and the growing demand for its chips.

Amkor's shares surged in late trading following the announcement of a new partnership with Nvidia focused on semiconductor packaging. This collaboration is expected to enhance Amkor's capabilities in the semiconductor industry, aligning with the growing demand for advanced packaging solutions.

Nvidia reported record revenue, surpassing Wall Street estimates and raising its guidance for the current quarter. This strong performance alleviates investor concerns regarding the sustainability of the AI boom.

Nvidia reported record revenue, surpassing Wall Street estimates and raising its guidance for the current quarter. This strong performance alleviates investor concerns regarding the sustainability of the AI boom.

Nvidia has reported a remarkable 62% revenue growth, with CEO Jensen Huang stating that sales are 'off the charts.' This surge in demand for Nvidia's chips reflects the company's strong position in the AI market, as it continues to play a pivotal role in the tech industry.

Nvidia, the world's most valuable company, has provided a strong revenue forecast for the current period, alleviating concerns about a potential slowdown in AI spending. CEO Jensen Huang stated that compute demand is accelerating, with sales expected to reach approximately $65 billion in the fiscal fourth quarter. Following the announcement, Nvidia shares rose about 4%, continuing a year-to-date increase of 39%. Huang emphasized the company's substantial revenue pipeline, projecting over $500 billion in future earnings.