The hype surrounding Nvidia and artificial intelligence boosted the stock markets on Thursday. The chip manufacturer’s quarterly balance sheet and business prospects exceeded even high expectations, brought shares to a record high and, above all, pushed up tech stocks. With this euphoric mood among investors, the DAX climbed by 1.47 percent to 17,370.45 points and reached another historic high.
The hype surrounding Nvidia and artificial intelligence boosted the stock markets on Thursday. The chip manufacturer’s quarterly balance sheet and business prospects exceeded even high expectations, brought shares to a record high and, above all, pushed up tech stocks. With this euphoric mood among investors, the DAX climbed by 1.47 percent to 17,370.45 points and reached another historic high.
With the strong tailwind, the two tech stocks SAP and Infineon were also among the biggest winners in the German leading index. The MDax of medium-sized stocks rose by 1.50 percent to 26,099.76 points. Here too, the shares of two companies, Aixtron and Jenoptik, which are suppliers to chip producers, rose above average.
Source: Stern
