Futures: Nvidia Soars On Earnings; Other AI Plays Rally

Dow Jones futures rose early Thursday, along with S&P 500 futures and especially Nasdaq futures rose as Nvidia ( NVDA ) jumped on earnings. X The stock market rally retreated slightly heading into Nvidia's results, in part due to somewhat-hawkish Fed minutes from the April 30-May 1 policy meeting. Many consumer and commodity names sold off as well. Nvidia reported earnings that comfortably beat quarterly views, guided higher and announced a 10-for-1 stock split. Shares rose sharply . The long-awaited Nvidia report has huge implications for AI plays such as Broadcom ( AVGO ), Advanced Micro Devices ( AMD ), Taiwan Semiconductor ( TSM ) and Microsoft ( MSFT ). Those stocks rose slightly in initial