AI is back doing the most
US stock futures rose Thursday as Nvidia reminded everyone it still knows how to move an entire market. The company’s blockbuster outlook lit up the AI trade, sending Nasdaq 100 futures up about 1% and giving semiconductors and software names a nice premarket caffeine shot.
The Nvidia effect, but make it bigger
Nvidia jumped more than 7% before the bell after projecting roughly 70% revenue growth in fiscal 2028, which is the kind of number that makes Wall Street do a double take and then quietly start updating models. When Nvidia sneezes, the whole AI complex tends to grab a tissue.
Why you should care
This isn’t just about one stock flexing on earnings day. A stronger AI narrative can pull indexes higher, juice risk appetite, and drag a bunch of related names along for the ride — especially chipmakers and software companies that live and die by the “AI spend cycle” story.
Big picture: when the market gets a fresh reason to believe the AI boom still has legs, futures tend to notice first and ask questions later.