After-hours trading | AI stocks squat and jump! Leader NVIDIA soared 12%

NVIDIA announced its financial report this morning, greatly exceeding expectations. In after-hours trading, the stock surged over 12%, reaching a peak of $758, setting a new historical high.

NVIDIA's performance exceeded expectations this quarter, achieving a revenue of $22.1 billion, a 265% year-on-year increase, surpassing the market's expectation of $20.4 billion.

The guidance for the next quarter also exceeded expectations, with an estimated revenue of $24 billion for the first quarter of the 2025 fiscal year (±2%), a 234% year-on-year increase, surpassing the market's expectation of $21.8 billion.

It is worth mentioning that NVIDIA is the leader of this round of the bull market in the U.S. stock market, with significant influence on the overall market and tech stocks.

Following NVIDIA's surge in after-hours trading, other tech stocks also saw significant gains:

• Nasdaq index futures are up over 1.7%, with AI newcomer SMCI surging over 16%, chip design stock ARM up 9.6%, semiconductor ETF up 9.6%, AI business growth leader PLTR rising by 6.6%, and AMD up by 5.6%.

What is after-hours trading?

The introduction of after-hours trading allows trading in the U.S. stock market to be conducted 24 hours a day, better aligning with the schedules of investors in the Eastern hemisphere.

Investors can trade U.S. stocks promptly based on the market conditions in the Asia-Pacific region and unexpected events in the Hong Kong and U.S. markets, without having to wait for the U.S. market to open in the evening.

The after-hours trading session for U.S. stocks is from 8:00 p.m. to 3:50 a.m. Eastern Time from Sunday to Thursday, forming part of the 24-hour trading cycle along with pre-market trading, regular trading hours, and post-market trading.