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Microsoft, Meta jump 9% and 6%, raising value of AI-related stocks

Shares in artificial intelligence and cloud-computing-related companies were rising sharply before the bell Thursday after Meta Platforms and Microsoft results beat Wall Street expectations. The reports appeared to boost demand for shares in AI chip leader Nvidia Corp, which rose 2.8% in late trading Wednesday just after the earnings reports, and chip rival Advanced Micro Devices, which rose 2%. … Continue reading Microsoft, Meta jump 9% and 6%, raising value of AI-related stocks