Nasdaq futures rally as Nvidia’s blowout forecast boosts AI stocks

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(Reuters) – Futures tracking the Nasdaq 100 index jumped on Thursday after a stellar forecast from Nvidia boosted investor confidence in an artificial intelligence (AI) boom and lifted shares of major technology and growth stocks. Shares of Nvidia climbed 7.9% to $508.56 premarket after the chip designer late on Wednesday forecast quarterly revenue that far exceeded expectations, and said it would buy back $25 billion in stock. Nasdaq 100 e-minis were up 172 points, or 1.13% and S&P 500 e-minis were up 21.75 points, or 0.49% at 5:28 a.m. ET. “It is clear…that AI demand is still outstripping …

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