Nvidia, China
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Nvidia stock was gaining after key partner Taiwan Semiconductor Manufacturing gave an upbeat outlook on artificial-intelligence processor demand.
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Nvidia's recent jump isn't surprising, as the stock's dip earlier in the year didn't seem justified considering the outstanding growth it has been consistently clocking on account of the terrific demand for its artificial intelligence (AI) chips.
Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
Tech stocks struggled over the prior quarters, but came booming back to life in Q2. Can this group lead US stocks higher into year-end?
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