Updated 20 min ago
Nvidia Stock Opens Higher. It Is Gaining Back Tuesday's Losses.
Nvidia stock was rising Wednesday ahead of the chip maker's hotly anticipated earnings report.
Shares were up 3.5% at $130.92 shortly after the market opened, putting them on course to pare back nearly all their losses from Tuesday's selloff in artificial-intelligence stocks. The S&P 500 was up 0.7%.
Nvidia's results Wednesday could help the market to make up its mind about how much longer the AI rally can last. Investors will also be keeping a close eye on any comments about next-generation chips, and the impact Chinese start-up DeepSeek's new models could have on hardware demand.
