Why Nvidia stock is climbing over 2% on Monday

Core Viewpoint - Nvidia's stock experienced an increase due to renewed optimism regarding US corporate spending on artificial intelligence chips, despite ongoing restrictions on sales to China affecting the outlook [1] Group 1 - Nvidia's shares rose on Monday, indicating positive market sentiment [1] - The optimism is primarily driven by expectations of increased corporate investment in AI technology [1] - Restrictions on sales to China continue to pose challenges for Nvidia's future sales and market outlook [1]