US stocks advanced ahead of key earnings from Nvidia that could help reignite the AI-driven rally.
Just hours ahead of results from the chipmaker that’s powered the AI revolution, big tech led a rebound in equities. Nvidia, which had been under pressure after an over 1,000% surge from its bear-market low, jumped 4% Wednesday.
Trading in the options market suggests investors are pricing in a potentially 10% move in the company’s shares after its high-stakes numbers. Reports from the leader in AI chips have become some of the most important events of the year for Wall Street.
Nvidia’s Q4 earnings, which were due after Wednesday’s close, may be its most critical yet, coming after the emergence of China-based startup DeepSeek scrambled the outlook for AI infrastructure needs.
The S& rose 0.6%. The Nasdaq 100 added 1%. The Dow Jones index gained 0.1%.
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