Nvidia slips slightly in futures
Photo: Jeffrey McWhorter /AP/TT

Nvidia slips slightly in futures after report rally

Shares in American chipmaker Nvidia are down 0.6 percent in futures trading on Wall Street after rising 8.7 percent on Thursday.

The strong gain on Thursday followed an unexpectedly strong interim report late Wednesday evening Swedish time, in which Nvidia painted a picture of continued strong demand for AI infrastructure.

The 8.7 percent price increase in Thursday's trading meant that Nvidia's market capitalisation rose by $442 billion, equivalent to 4.2 trillion kronor.

Even before the rally, Nvidia was by far the world's most valuable listed company and was valued at $5.5 trillion (just over 48 trillion kronor) when trading on Wall Street closed on Thursday.

The second most valuable listed company, Apple, was then valued at $4.6 trillion (almost SEK 44 trillion).

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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