Nvidia Stock Rebounds Today as AI Chip Buyers Face a Fresh Test
Nvidia shares rose 1.9% to $209.07 Monday, regaining ground after Friday’s drop and pushing its market value near $5.1 trillion. The company announced new supply deals in Seoul, including a major agreement with SK Hynix for advanced memory chips. Peer chipmakers AMD, Broadcom, and Intel also climbed, with Intel jumping 13% after Google ordered over three million AI chips.