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Nasdaq 100 e-minis were up 199.25 points, or 1.31% at 03:27 a.m. ET.
Dow e-minis were up 30 points, or 0.09%, while S&P 500 e-minis were up 31.25 points, or 0.7%.
Nvidia’s Frankfurt-listed shares jumped 9.0% in European trading after the company’s quarterly revenue target far exceeded expectations and the chipmaker said it would buy back $25 billion in stock.
The results had led to an after-hours jump on Wednesday of 1%-2% in Microsoft (NASDAQ:MSFT) and Google-owner Alphabet (NASDAQ:GOOGL), both of which are rushing to incorporate generative AI into their Web search platforms and other services.
Frankfurt-listed shares of Microsoft rose 2%, on Thursday while those of Alphabet gained 1%, although volumes were low. Advanced Micro Devices (NASDAQ:AMD) gained about 3% and Marvell (NASDAQ:MRVL) Technology jumped 8.5%, also in low volumes.
Nvidia’s results also triggered a rally among semiconductor companies across the globe.
Europe’s ASM International (OTC:ASMIY), BE Semiconductor, ASML Holding (NASDAQ:ASML) and Aixtron were among the early gainers, rising between 1.8% and 3%.
Shares of Taiwan Semiconductor Manufacturing Co (TSMC) closed up 2.2%, while South Korean chipmakers Samsung Electronics (OTC:SSNLF) and SK Hynix rose 1.6% and 4.2%, respectively.
