Nvidia Stock Rebounds Today as AI Chip Buyers Face a Fresh Test
Nvidia shares rose about 1.9% to $209.07 in Monday afternoon trading, clawing back part of Friday’s slide as investors moved back into chip stocks. The stock traded between $206.07 and $210.75, leaving the company’s market value near $5.1 trillion. The move matters because Nvidia remains the main gauge for Wall Street’s AI trade — the cluster of stocks tied to spending on artificial intelligence. Its graphics processing units, or GPUs, are chips used to handle the heavy calculations behind large AI systems.