NVIDIA is trading 3% up now at $200.91, participating in a sharp rebound in semiconductor and broader tech shares following recent sector weakness.
- The move comes as chip stocks rally on strong earnings and guidance from major tech names like Microsoft and Lam Research.
- Positive financial results have eased investor fears regarding a potential slowdown in AI-related capital spending.
- The broader market recovery is providing a significant lift to AI infrastructure-exposed names as sentiment improves across the tech sector.