Huang Renxun dispels Blackwell's supply and demand concerns, nvidia (NVDA.US) stock price hits new high again.

Blackwell Accelerator chip product line has been fully put into production; after the revenue outlook fell short of the highest expectations leading to a stock price decline, the stock price finally rose on Thursday and hit a new high.

Zhitong Finance19:11 ET

Overnight News: US stocks closed higher, WTI crude oil rose by 2%, nvidia's stock rebounded and rose, usa auto manufacturers urge Trump to retain electric vehicle tax incentives policy.

For more global financial news, please move to the 24/7 real-time financial news. Market close: US stocks closed higher with the Dow Jones up 460 points, cyclical stocks and small cap stocks rose broadly. On November 21, the top 20 transactions in US stocks: pdd holdings' third-quarter revenue fell short of expectations, leading to a 10.6% drop in stock price. On Thursday, popular china concept stocks experienced mixed results, with taiwan semiconductor rising 1.5% and pdd holdings falling 10.6%. Crude oil in the USA rose 2% on Thursday as the market focused on the developments in the Russia-Ukraine conflict. On Thursday, gold prices increased by 0.7%, returning to the $2670 level, with most gold and silver mining stocks closing higher. Major European stock indices all closed up.

Global market report17:30 ET

Express News | "In Order To Meet The Substantial Demand For AI Servers In 2025, TSMC Will More Than Double Its Production Capacity For CoWoS Packaging. Nvidia Will Consume Up To 60% Of The Capacity, While AMD And ASIC Developers Are Catching Up, According To...

BenzingaNov 21 09:11 ET

Nvidia's Results Reinforce Continued AI Growth for Taiwan Semiconductor

Seeking AlphaNov 21 08:17 ET

Nvidia's Results and Guidance Were Exceptional. Wall Street Says Ignore the Noise.

Seeking AlphaNov 21 07:59 ET

China's Huawei Plans to Mass-produce Latest AI Chip in Early 2025 - Report

Seeking AlphaNov 21 06:15 ET