February 22, 2024 - 1:16 PM
NEW YORK (AP) — Nvidia’s stock price surged 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 technology, reported scorching demand for its semiconductors. The S&P 500 rose 2.1% Thursday to another all-time high. The Nasdaq added 3%. The Dow, which has a smaller weighting in tech stocks, rose 1.