After about ten minutes of trading, the Dow Jones Industrial Average rose 0.5 percent, the broad S&P 500 index rose 0.6 percent and the tech-heavy Nasdaq Composite Index rose 0.8 percent.
Nvidia, the world's most valuable publicly traded company by far, reports after the stock market closes at 10:00 p.m. local time in Sweden. The stock rose 0.7 percent on Wednesday.
The company has long been an investor darling, but recently the clouds of worry have thickened as fears of an AI bubble have stubbornly taken hold. So far this year, the stock has still risen just over 3 percent.
The market will examine the report with keen eyes, not least in the search for when huge multi-billion-dollar investments might yield returns.
