The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

World News

Nvidia results spark global chip rally

by admin May 30, 2025
May 30, 2025
Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.

Shares of Nvidia were 6% higher 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.

Nvidia’s earnings helped boost other chip names, with Taiwan Semiconductor, AMD and Qualcomm all up about 1%.

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.

The semiconductor industry has faced a number of headwinds from uncertainty around tariff policy in the U.S. and chip export restrictions to China.

Companies such as ASML, which makes machines that are critical for manufacturing the most advanced chips, have seen billions wiped off their value as a result.

Nvidia on Wednesday said it wrote off $4.5 billion of H20 chip inventory that it couldn’t ship to China because of export curbs, saying it also calculated $2.5 billion of lost revenue as well.

The restrictions on China do not seem to be going away.

The U.S. has ordered a number of companies, including those producing chemicals and design software for semiconductors, to stop shipping goods to China without a license, according to a Reuters report on Thursday.

Despite this, Nvidia still managed to post financial results for the April quarter that beat market expectations, allaying fears that demand for its graphics processing units, which have become key for training huge AI models, is dwindling.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Larry Williams on the Fed, Interest Rates & Markets! What’s Next?
next post
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Related Posts

Kenvue stock drops 10% on report RFK Jr....

September 8, 2025

JPMorgan Chase is giving its employees an AI...

August 12, 2024

Waymo offers teen accounts for driverless rides

July 9, 2025

On air, ’60 Minutes’ reporter says ‘none of...

April 29, 2025

Lara Trump to host weekend show on Fox...

February 7, 2025

FCC is investigating Disney and ABC for DEI...

March 29, 2025

Affluent Americans are driving U.S. economy and likely...

May 1, 2024

Southwest Airlines pauses corporate hiring, most summer internships...

January 15, 2025

Even at $8M per Super Bowl commercial, ad...

February 8, 2025

A top Federal Reserve official says bleak jobs...

August 12, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

      September 22, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      September 22, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      September 22, 2025
    • German officials condemn store owner who declared Jews banned from entry to protest Israel

      September 22, 2025
    • Trump honors Charlie Kirk’s legacy and describes him as a ‘martyr for American freedom’

      September 22, 2025
    • Charlie Kirk honored by 90K in one of the largest memorials for a private citizen

      September 22, 2025

    Categories

    • Business (1,389)
    • Politics (4,547)
    • Stocks (1,663)
    • Uncategorized (45)
    • World News (1,382)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved