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Nvidia Stock Attempts Rebound As Bulls Pound The Table
Nvidia stock was rising early Wednesday as it continued to pare back some of its recent losses -- but more big swings could be ahead.Shares in the chip maker rose 1.4% to $110.31 in premarket trading, having closed the previous session up 1.7%. Futures tracking the benchmark S&P 500 index climbed 0.6%.Nvidia is down 17% over the past month through Tuesday's close, tumbling as investors have fretted that U.S. President Donald Trump's tariff plans will drag down growth and trigger a flare-up of inflation, both of which could weigh on chip sales. The White House would likely have to scale back its trade policies for the wild swings to end.Another factor that could impact shares is the Trump administration's push to boost semiconductor manufacturing in the U.S. Taiwan Semiconductor Manufacturing Co. has pitched Nvidia and rival chip designers Advanced Micro Devices and Broadcom the idea of taking stakes in a joint venture to operate Intel's factories, Reuters reported early Wednesday, citi
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- SnideWhistle·2025-03-13TOPIt’s an analyst’s job 🤣, when you can’t be confidently sure, you speak with questions ending, so you were not totally wrong when reality answers 😂LikeReport