Nvidia shares rose nearly 4 on Monday, boosting semiconductor and AI stocks after last week's tariff-driven decline, according to Barron's. Nvidia led gains on the Dow as semiconductor stocks rose broadly, lifting the PHLX Semiconductor Index. Bernstein analyst Stacy Rasgon said it's unclear when Nvidia will bottom, but believes in the long-term AI story and sees the stock as potentially attractive once markets stabilize.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Vidya shares rose nearly 4% on Monday, boosting semiconductor and AI stocks
00:06after last week's tariffs were in a decline, according to Barron's.
00:09Vidya-led gains on the Dow of semiconductor stocks rose broadly,
00:13lifting the PHLX semiconductor index.
00:16Bernstein analyst Stacey Raskon said it's unclear when Vidya will bottom,
00:20believes in a long-term AI story, and sees the stock is potentially attractive
00:24once markets stabilize.
00:25For all things money, visit benzinga.com slash GSTV.