The US chip manufacturer Nvidia has thrilled investors with strong figures and is also creating an exuberant mood on the German stock market on Thursday. The Dax effortlessly climbed to a record level with the Xetra start and recently gained 1.43 percent to 17,362.16 points. Technology stocks were dragged up by Nvidia. Infineon gained almost five percent, SAP gained more than two percent.
The US chip manufacturer Nvidia has thrilled investors with strong figures and is also creating an exuberant mood on the German stock market on Thursday. The Dax effortlessly climbed to a record level with the Xetra start and recently gained 1.43 percent to 17,362.16 points. Technology stocks were dragged up by Nvidia. Infineon gained almost five percent, SAP gained more than two percent.
The MDax of medium-sized stocks recorded an increase of 1.13 percent to 26,004.88 points. The EuroStoxx 50, the leading index for the euro zone, gained 1.5 percent.
The boom in artificial intelligence (AI) continues to drive strong growth at the US chip company Nvidia and caused its shares to jump in after-hours trading in New York. “Nvidia is keeping the rally going,” wrote market expert Thomas Altmann from asset manager QC Partners. Nvidia’s quarterly figures legitimize at least part of the impressive AI rally.
Source: Stern
