Stock Market Today: Nvidia Surges on AI Boom, Setting Off a Rally on Wall Street

Stock Market Today: Nvidia Surges on AI Boom, Setting Off a Rally on Wall Street
Logos of the New York Stock Exchange adorn trading posts on the trading floor on March 16, 2022. Richard Drew/AP Photo
The Associated Press
Updated:
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NEW YORK—Nvidia’s stock price surged Thursday after delivering another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high.

The chipmaker, a central player in the boom surrounding artificial intelligence, reported scorching demand for its semiconductors.