S&P 500 hits record high as Nvidia results butress AI rally
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 hit a record high on Thursday after Nvidia’s quarterly report fell short of investors’ high expectations while confirming that spending related to artificial intelligence infrastructure remains strong. Shares of Nvidia dipped almost 1% after Sino-U.S. trade uncertainties prompted the leading AI chip designer to…