The surge in Nvidia following its explosive sales guidance could help catapult the stock into the group of public companies with a $1 trillion market cap.
Dutch firm ASML and Taiwan's TSMC, two of the world's most important semiconductor firms, got a share price boost after Nvidia's earnings impressed investors.
The European Parliament earlier this month greenlighted rules for AI, including measures for generative AI tools like ChatGPT and Google's Bard chatbot.
Artificial intelligence has been thrust into the center of conversations among policymakers grappling with what the tech should look like in the future.
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