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Benzinga
Benzinga
Business
Chandrima Sanyal

Nvidia's Big Earnings Beat Rescues Tech: These Major ETFs Move Higher On AI Euphoria

Kyiv,,Ukraine,-,January,29,,2025,Nvidia,Corporation,Logo,Displayed

Nvidia Corp (NASDAQ:NVDA) just did it again. Following weeks of hand-wringing over stretched AI valuations, fireworks in the options market, and the prospect of a record-shattering $320 billion post-earnings swing, the chip titan delivered a blockbuster quarter that sent ripples across the global ETF universe.

Shares of Nvidia surged higher in early trading on Thursday after the company blew past expectations and increased guidance, giving ETF investors exactly the clarity they were clamoring for. Funds packed with Nvidia, especially semiconductor, megacap tech, and AI-thematic ETFs, felt the relief rally.

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