Nvidia (NASDAQ: NVDA) roared higher last year, gaining more than 170%, and emerged as the key player in the artificial intelligence (AI) boom. This is because the tech giant sells the world's top performing AI chips as well as a wide range of related products and services to accompany customers throughout their AI stories.

Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,

Nvidia was last higher by about 7% on Tuesday, with the rally gaining steam throughout the session. The stock at one point shortly after the open was in the red. That bounce comes

One of the biggest beneficiaries of this trend is Nvidia (NASDAQ: NVDA), which pioneered the graphics processing units (GPUs) that have become the gold standard for running AI systems. However, reports emerged recently that suggested a Chinese start-up had cracked the code for developing strong AI systems while using inferior chips and novel training processes.

The S&P 500 and the Nasdaq hit over one-week lows, as the surging popularity of a low-cost Chinese artificial intelligence model DeepSeek knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.

Nvidia (NASDAQ: NVDA) has become the second-largest company in the world, with a market capitalization of $3.3 trillion as of this writing. The semiconductor giant's impressive rise can be justified by the phenomenal increase in its revenue and earnings over the past couple of years,