US STOCKS-Wall St climbs 1% with chip stocks rallying before Nvidia results
Published on: May 21, 2026, 2:22 a.m. | Source: Devdiscourse
Wall Street's main indexes rallied more than 1% on Wednesday, bouncing back from a three-day selloff with a boost in sentiment from technology and chip stocks, which rose ahead of Nvidia's quarterly results. The report from Nvidia - the leading artificial intelligence chipmaker and the world's most highly valued company - is viewed as a window into whether the appetite for spending on AI remains strong enough to support lofty valuations across the technology sector.
