Stock futures rise as Nvidia shares gain over 4% after earnings: Live updates

Nvidia shares climbed more than 4% in after-hours trading following an earnings report that surpassed analyst expectations, breaking a pattern of post-earnings declines despite strong results. The stock had fallen more than 1% during Wednesday's regular session ahead of the print.

The after-hours rally marks a shift in sentiment for the chipmaker, which has seen shares drop in recent quarters even after beating Wall Street forecasts. The company's ability to hold gains through Thursday's open will signal whether investors are finally rewarding execution or remain wary of elevated valuations.

Global markets are responding to the report, with stock futures rising in overnight trading as the Nvidia move lifted sentiment across tech and semiconductor names. The earnings beat comes as traders debate whether artificial intelligence infrastructure spending can sustain the momentum that has driven Nvidia's rally over the past year.