Nvidia jumps 5% in premarket trading as results spark global chip rally
Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025.
Annabelle Chih | Bloomberg | Getty Images
Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.
Shares of Nvidia were 5.22% higher at 05:06 a.m. ET after the company posted better-than-expected earnings and revenue on Wednesday, even as it took a hit from U.S. semiconductor export restrictions to China.
Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks, with its latest strong numbers sparking a rally among global semiconductor names.
In Japan, Tokyo Electron closed more than 4% higher, while SK Hynix, which is a supplier of high bandwidth memory to Nvidia, was nearly 2% up at the close of markets in South Korea.
In Europe, ASM International, BE Semiconductor Industries and ASML were all in positive territory.
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