Artificial intelligence-related stocks soared in after-hours trading on Wednesday, adding nearly $300 billion in market value after chipmaker Nvidia (NVDA.O) forecast strong revenue growth and said it was boosting its artificial intelligence. Production of smart chips to meet surging demand.
Nvidia shares soared as much as 28 percent to $391.50 after hours, hitting a record high, adding about $200 billion to more than $960 billion in market value, extending its lead as the world’s most valuable chipmaker and Wall Street’s fifth-largest company. .