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The three major U.S. stock indices opened higher, with Nvidia rising 5%.
Golden Finance reports that US stocks opened collectively rising, with the Dow up 1.08%, the Nasdaq up 2.19%, and the S&P 500 index up 1.6%. Nvidia had a big pump of 5%, with Nvidia's revenue for the third fiscal quarter reaching $57 billion, a year-on-year growth of 62%; the revenue for the fourth fiscal quarter is expected to be about $65 billion, with market expectations of $62 billion. AMD rose nearly 4%, and AMD plans to build and operate AI infrastructure of up to 1 gigawatt (GW) in Saudi Arabia before 2030.