NVIDIA jumps 7.3% after 9.3% drop amid Democratic-led Congress fears
Business
NVIDIA's stock just jumped 7.3% after a rough day where it dropped 9.3%; its biggest fall in almost two years.
The rollercoaster was sparked by fears that new regulations from a Democratic-led Congress could slow down NVIDIA's data center growth, which is key for powering AI.
NVIDIA central to AI boom
Even with these ups and downs, NVIDIA is still at the heart of the AI boom.
But all the talk about new rules has investors wondering if tech giants' massive spending on infrastructure will really pay off.
Despite recent jitters, NVIDIA's stock is up an impressive 1.32% this year, showing just how much demand there is for its tech in the fast-moving AI space.