AI-related stocks gain as Nvidia hits $1 trillion in market value
30/05/2023 15:13
** AI-related stocks rise, continuing a rally from last week
** Nvidia Corp NVDA.O on Tuesday becomes first chipmaker
valued at over $1 trillion
** C3.ai Inc AI.N jumps 8%, Palantir Technologies Inc
PLTR.N gains 5%
** SoundHound AI Inc SOUN.O edges 0.2% higher, Guardforce
AI Co GFAI.O adds 2.5%
** Alphabet Inc GOOGL.O rises 0.2%, while Microsoft Corp
MSFT.O up 0.5%
** Global X Robotics and artificial intelligence ETF
BOTZ.O ticks 1% higher
** Chipmakers also gain, with the Philadelphia SE
Semiconductor index .SOX up 0.8%
(Reporting by Medha Singh)
((medha.singh@thomsonreuters.com))
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