Published August 28, 2026 Updated about 2 hours ago By Reuters NEW YORK: The tech-heavy Nasdaq outperformed peers on Thursday after Nvidia’s blockbuster results reaffirmed the strength of the AI boom and fueled gains in technology stocks. Nvidia shares jumped 7.5 percent after the chip giant’s robust forecast met lofty investor expectations, bolstering the view that the tech rally still has room to run as companies at the heart of AI buildout continue to deliver impressive growth. “Nvidia’s results show that the AI boom is not running out of demand… while delivering that growth is becoming more expensive and capital-intensive,” said Lale Akoner, global market strategist at etoro. Its “ability to raise prices should help margins recover… but it cannot escape supply pressures entirely.” Nvidia has warned that shortages of memory components could curb the pace of the industry’s growth. US chip-linked stocks broadly rose, with the semiconductor index adding 1.5 percent. The S&P 500 Information Technology sector rose 2.6 percent, making it the sole gainer among the S&P 500’s 11 constituents. Salesforce surged 20.2 percent after raising annual revenue and profit forecasts, and rolling out a new plug-in integrated with Anthropic’s Claude AI models.…