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Nvidia Breaks Its Post-Earnings Curse With $442 Billion Day

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Concerns about the profitability of artificial-intelligence ventures, convoluted debt deals underpinning data centers, and the future of chip demand had left some on Wall Street worried that the AI trade was petering out. Then Nvidia NVDA -4.57%decrease; down pointing triangle arrived with a nearly half-trillion-dollar shot in the arm. 

The chip maker’s otherworldly growth has become so ingrained in Wall Street’s psyche that many investors expect the company to beat expectations, leaving shares sliding in six of the past eight post-earnings trading sessions. A big chunk of options traders this week were betting that the stock would fall after Wednesday’s quarterly report.

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