The article discusses the surge in Nvidia’s stock price after the chipmaker reported better-than-expected earnings, driven by robust demand for its artificial intelligence (AI) chips. Key points: 1) Nvidia’s revenue from its data center segment, which includes AI chips, surged 141% year-over-year, fueling a 24% jump in overall revenue. 2) The company’s strong performance was attributed to the growing adoption of AI across various industries, including cloud computing, gaming, and autonomous vehicles. 3) Nvidia’s CEO highlighted the company’s leadership in AI and its ability to capitalize on the AI boom. 4) The stock’s rally helped lift the broader market, with the S&P 500 and Nasdaq Composite both gaining ground. 5) Analysts remain bullish on Nvidia, citing the company’s dominant position in the AI chip market and the potential for further growth as AI adoption accelerates.