Chip stocks soar in out-of-hours trading as Nvidia topples Microsoft – What’s next for tech giants?
San Francisco, California – Chip stocks surged in after-hours trading on Wednesday, led by Nvidia, the chipmaking giant that recently overtook Microsoft as the world’s most valuable public company. The market rally boosted CEO Jensen Huang’s net worth, further solidifying Nvidia’s position in the industry. Nvidia shares rose by 0.6% to over $136 during after-hours trading, following a record high on Tuesday. The overall increase in chip stocks, particularly in Asia where major tech manufacturers …