Nvidia Leads Chip Stocks Higher Monday as Markets Rebound
Key TakeawaysNvidia shares gained Monday, leading other chip stocks higher. The surge helped lift the broader tech sector and the major U.S. indexes, after losing ground Friday.The gains for Nvidia came after partner TSMC reported a jump in sales, and Evercore ISI analysts issued a bullish note Monday ahead of the chipmaker's earnings later in the month. Nvidia (NVDA) shares gained Monday, leading other chip stocks higher in a boost to the tech sector as the major U.S. indexes looked to rebound from Friday ...