The three major US stock indexes opened higher, Nvidia rose over 1%, and Intel surged over 7%.
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Golden Ten Data, May 20 | At the opening of the US stock market, the three major indices all rose: the Nasdaq was up 0.47%, the S&P 500 gained 0.3%, and the Dow Jones increased by 0.24%. NVIDIA rose more than 1%, with its Q1 earnings report due after the market close; analysts generally expect revenue to grow 79% year-on-year. Tesla increased by 1.5%, officially rolling out the monitored version of FSD to Lithuanian owners, marking another step in its European expansion. Intel surged over 7%; CEO Pat Gelsinger stated that as AI shifts from training to inference, the ratio of CPUs to GPUs could reach 4:1. ASML gained more than 3%, expecting the first chips produced by High-NA lithography machines to be available within months.
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