Nvidia Stock Jumps On Bullish Quarterly Report, Outlook

Nvidia (NVDA) reinvigorated the AI stock trade with its beat-and-raise earnings report and commentary about an inflection point in artificial intelligence. The AI chipmaker also gave an upbeat forecast for next year. The Santa Clara, Calif.-based company late Wednesday reported adjusted earnings of $2.22 a share on sales of $96.22 billion in its fiscal second quarter ended July 26. Analysts…