By Marc Jones and Gregor Stuart Hunter

LONDON/SINGAPORE (Reuters) -A relief rally lifted world stock markets on Thursday as investors cheered AI chip giant Nvidia’s forecast-topping earnings, while the dollar hovered near a 6-month high as traders braced for delayed U.S. jobs data.

Asia’s tech-heavy markets had led off the rally and Europe’s top bourses bounded out of a 5-day losing streak [.EU] after Nvidia CEO Jensen Huang shrugged off AI bubble concerns, touting blockbuster demand for its high tech-chips. [.EU]

The remarks were backed by the world’s most valuable company’s forecast quarterly revenue well above Wall Street estimates, quelling some of the AI valuation fears that have triggered a $3 trillion rout in global markets over recent sessions.

“It’s fair to say that Nvidia’s r

See Full Page