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Nvidia Stock Is Rebounding. Analysts Are Bullish, Say Fears Are Overblown.

Nvidia stock rose Tuesday, with the chip maker benefiting from a global rebound after the previous day’s sharp selloff, and reassurances over potential delays to its next generation of chips. Nvidia shares were up 3.8% to $104.25 at the close Tuesday. Along with the wider market, Nvidia looked to recoup some of Monday’s losses when economic fears knocked the market. Read More...

Nvidia stock rose Tuesday, with the chip maker benefiting from a global rebound after the previous day’s sharp selloff, and reassurances over potential delays to its next generation of chips. Nvidia shares were up 3.8% to $104.25 at the close Tuesday. Along with the wider market, Nvidia looked to recoup some of Monday’s losses when economic fears knocked the market.

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