European markets closed higher on Thursday as investors reacted to strong earnings by artificial intelligence darling Nvidia.
The pan-European Stoxx 600 was up 0.5% by the end of the session, with most bourses and sectors in positive territory.
AI-related stocks were amongst those making gains, with Dutch semiconductor firms BESI and ASMI up 0.7% and 0.8%, respectively. Fellow Dutch firm ASML, which makes critical equipment for semiconductors, ended almost 0.4% higher.
Nvidia posted third-quarter results after the bell on Wednesday, topping forecasts for revenue and its fourth-quarter sales guidance. The chipmaker saw revenue jump 62% to $57.01 billion year-on-year and said it expects revenue of $65 billion in the fourth quarter. The stock was down about 0.9% in midday trade on Thursday.
Source : CNBC
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