Wall Street hits fresh highs as Nvidia CEO boosts AI sentiment

US stock markets closed at record highs on Wednesday, with the S&P 500 rising 0.58 per cent to 6,753.72 and the Nasdaq Composite jumping 1.12 per cent to 23,043.38. The Dow Jones Industrial Average remained nearly flat, slipping just 1.20 points to 46,601.78. The rally came after Nvidia CEO Jensen Huang told CNBC that demand for AI computing has surged substantially in the past six months. Nvidia shares gained 2 per cent following his comments, helping ease concerns about the sustainability of the artificia ...