Key Takeaways Nvidia shares jumped in extended trading on Wednesday after the chip giant surpassed Wall Street’s quarterly revenue expectations amid booming AI demand.The stock has broken out from a flag pattern,

Nvidia reported its fiscal first-quarter results after Wednesday’s closing bell. Investors are focused on the company's ability to withstand restrictions on its China business, as well as Nvidia’s overall trajectory with its new Blackwell lineup.

U.S. stocks ended slightly higher on Thursday as shares of Nvidia gained after its quarterly results and investors weighed a late-afternoon court ruling that reinstated the most sweeping of President Donald Trump's tariffs.