Why Nvidia Stock Rallied on Wednesday

After a dip into correction territory, a couple of new developments appear to be fueling the AI specialist's rise.Heading into today's trading session, Nvidia (NVDA 3.89%) stock was officially in correction territory, having fallen more than 12% off its recent high. It was on track to erase some of those losses today, jumping as much as 4.8%. As of 11:46 a.m. ET on Wednesday, the stock was still up 3.4%.The catalysts that sent the chipmaker and artificial intelligence (AI) specialist higher were several new ...