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Nvidia, Salesforce Fuel US Stock Rally Amid AI Boom

Guavy AI Editorial Team
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CRM NVDA
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US stocks mostly rose on Thursday as technology companies led the charge, buoyed by strong profits and growth forecasts from Nvidia and Salesforce.

Nvidia, a leading chipmaker, saw its stock surge 8.7% after delivering better-than-expected profit and revenue for the latest quarter. The company's CEO, Jensen Huang, said AI has reached an 'inflection point' and is becoming increasingly productive and profitable.

Salesforce, another tech giant, also reported strong earnings, with its stock jumping 22.6%. The company said it's seeing high demand for its AI and data products, which are helping customers succeed at unprecedented scale.

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