The stock selloff came after Nvidia reported a 62% increase in sales of AI data center chips and raised its guidance for the current quarter. In recent sessions, investors have punished big tech, worried that some companies are spending too much on data centers, chips and other AI infrastructure with little hope of recouping their investments soon.

Futures tied to Wall Street's main indexes jumped on Thursday after Nvidia's stellar results quelled some concerns around an AI bubble, boosting technology stocks, while a long-awaited jobs report was...

That breakthrough transformed Nvidia from a mostly under-the-radar chipmaker — best known for making graphics chips for video games — into an AI bellwether because its unique chipsets have become indi...

Nvidia and Microsoft are investing in Anthropic, and Alphabet just announced a new AI model.

Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.

You will be able to hear a “pin drop” on Wall Street trading desks this evening as investors await Nvidia’s blockbuster results, one analyst has said.

The semiconductor company reported revenue of $57 billion, surpassing analysts' $54.9 billion estimate.