Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.

The Dow Jones index soars more than 1% with Nvidia stock surging on earnings. A better-than-expected jobs report is also pushing stocks higher. Chip and AI infrastructure stocks show mettle.

Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia.

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Nvidia beat Wall Street’s targets for its fiscal third quarter and guided above estimates for the current period. Nvidia stock advanced on the news.

Investors have lately been a bit sour on tech stocks, but not today: The tech-focused Nasdaq is in the green, and shares of Nvidia are gaining ahead of the highly anticipated release of the chip giant's earnings report.

HSBC analyst Frank Lee joined the chorus of analysts cheering Nvidia's commentary, both for its industrywide implications and its suggestion of further upside ahead at the world's largest company. "Nv

Nvidia reported its fiscal third quarter results for the October-ending period, beating top and bottom line estimates yet again. Find out why NVDA is a Buy.