The Globe and Mail reports in its Friday edition that Nasdaq outperformed peers on Thursday after chipmaker Nvidia's bumper revenue forecast reaffirmed the strength of the AI boom and fuelled gains in tech stocks. A Reuters dispatch to The Globe says Nvidia shares jumped 8.7 per cent after the chip company's robust forecast met lofty investor expectations, bolstering the view that the tech rally still has room to run as companies at the heart of AI buildout continue to deliver impressive growth. The Nasdaq composite gained 411.16 points, or 1.57 per cent, to 26,541.35. The Dow rose 105.56 points to 53,569.44. Salesforce surged 22.6 per cent after raising annual revenue and profit forecasts, and rolling out a new plug-in integrated with Anthropic's Claude AI models. CrowdStrike climbed 20.5 per cent after the cybersecurity software provider raised its annual revenue forecast and topped second-quarter earnings estimates. The Salesforce and CrowdStrike reports calmed worries that advanced AI tools could upend the traditional software industry, boosting investor appetite for beaten-down software stocks and narrowing the gap with semi-conductors. The S&P/TSX Composite Index ended up 20.6 points at 36,834.25.