Nvidia shares rose 2.5 per cent on Thursday as technology stocks led a broad Wall Street rebound, with the AI chipmaker among the companies helping the Nasdaq post its strongest one-day gain since 4 August. The Nasdaq Composite climbed 1.7 per cent, the S&P 500 gained 1.1 per cent and the Dow Jones Industrial Average added 0.6 per cent, or about 316 points. Both the Nasdaq and S&P 500 recorded their strongest daily gains since 4 August.
The technology sector gained about 2.2 per cent, while semiconductor stocks rose more than 3 per cent. Advanced Micro Devices rose 6.4 per cent and Intel gained 7.7 per cent, while all seven companies in the Magnificent Seven finished higher.
