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Nvidia Earnings Boost Chip Stocks, Send Nasdaq Futures Higher

Guavy AI Editorial Team
Instruments
NVDA
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Nvidia's latest earnings report has lifted chip stocks, sending Nasdaq futures higher. The tech giant reported better-than-expected revenue and profit, boosting investor confidence in the semiconductor sector.

The news led to a surge in shares of other chipmakers, including Advanced Micro Devices (AMD) and Micron Technology (MU), which rose by 3.2% and 4.1%, respectively.

Nvidia's (NVDA) stock price also increased by 5.6% following the announcement.

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