The US stock market saw a sharp rise on Thursday, as investors reacted to Nvidia's latest quarterly results.
The S&P 500 and Nasdaq Composite index each posted strong gains, with technology stocks leading the way.
The surge in share prices also coincided with the release of better US gross domestic product (GDP) data in the first quarter of the year.
At the close of the New York session, the S&P 500 rose 0.88% to 4,151.27, while the Nasdaq Composite reached 13,938.53 after jumping 2.46%.
However, the Dow Jones Industrial average fell slightly by 0.11% to 32,764.66.
The S&P 500 technology sector experienced a remarkable surge with its biggest gain since November 30.
The boost was mainly driven by positive investor reaction after Nvidia reported a 26% increase in profit and 19% sales in the first quarter.
In addition, it also forecast current quarter earnings to jump about 50%, higher than analysts' projections.
As a result, the US tech giant saw a nearly 25% rise in its share price pushing its market capitalization close to $1 trillion.
