ReferIndia News US STOCKS-Wall St rises as chip stocks rally ahead of Nvidia results

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US STOCKS-Wall St rises as chip stocks rally ahead of Nvidia results

Published on: May 21, 2026, 1:31 a.m. | Source: Devdiscourse

Wall Street's main indexes closed more ‌than ​1% higher on Wednesday, bouncing back from a three-day selloff with a boost in sentiment from technology and chip stocks, which rose ahead of Nvidia's quarterly results. Investors will look to the latest report from Nvidia , the leading artificial intelligence chipmaker and the world's most ‌highly valued company, for reassurance that the appetite for spending on AI remains strong enough to support lofty valuations across the technology sector.

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