Why Nvidia Investors Are Bullish Today

On Tuesday morning, stock markets turned from red to green. After three days of non-stop selling, the S&P 500 is up a modest 0.2% and the tech-heavy Nasdaq is gaining back 0.4%.

Individual tech stocks are doing even better. Semiconductor-star Nvidia (NASDAQ: NVDA) sold off along with all the other tech stocks last week as investors worried about rising inflation, rising interest rates, depressed investor confidence -- and a potential crash in demand for computer graphics chips. But this morning, Nvidia shares are up a solid 2.4% as of 11 a.m. ET.

Image source: Getty Images.

Continue reading

Source Fool.com