Investors make a case for standing by Nvidia after another blowout report

Nvidia once again managed to shock Wall Street. The chipmaker astonished the investing community for a second consecutive quarter on Wednesday, posting stronger-than-expected results after the bell and delivering another blowout forecast due to surging AI chip demand. The results boosted shares of Nvidia as much as 8%. Positive news also briefly lifted derivative plays Advanced Micro Devices , Marvell Technology , Super Micro Computer and Taiwan Semiconductor Manufacturing last down 7.5%, 6%, 4.5% and about 1.3%, respectively. Nvidia was last up about 2%. NVDA 1D mountain Nvidia rises on...