Broad S&P 500 index and technology-heavy Nasdaq composite index traded sideways. Dow Jones industrial index increased by 0.4 percent.
Nvidia led the way along with other companies in the semiconductor sector after Taiwanese TSMC, one of the largest producers in the semiconductor industry, reported a third-quarter result that exceeded expectations. Much of the sales success is due to strong sales at the company's major customer Nvidia, which develops chips needed for AI development.
The increase, however, slowed down before closing, and Nvidia ended up with a plus of 0.9 percent.
The upswing for the industry was a strong turnaround from Tuesday when Dutch semiconductor company ASML released its report, which was a disappointment and caused the industry's shares to fall.
Netflix fell 2.0 percent ahead of its quarterly report, which was published after the market closed.
Retail sales in the US increased by 0.4 percent in September compared to August, which was slightly more than what analysts had expected, according to Thursday's fresh statistics.
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