Nvidia jumps to lead Tuesday rally in tech. Here's what the pros have to say


Market Movers has compiled the latest investor and analyst reactions to Nvidia. After the stock rose more than 4% on Tuesday, the pros talked about the leader in artificial intelligence chips. The stock price dropped on Wednesday, after the company announced financial results for its second quarter that exceeded expectations. Nvidia’s surge on Tuesday was part a larger rebound in the tech industry, where investors bought the dip in stocks which had been heavily hit in August. Morgan Stanley also reiterated its overweight recommendation for Nvidia. The bank stated that Nvidia’s earnings from last week were positive for the AI industry. Jim Cramer currently holds the stock in his Charitable Trust Portfolio.