Stock Market Today: Nvidia Climbs on China GPU Export Resumption

Nvidia (NASDAQ: NVDA) shares surged 4% to close at $170.70 on Tuesday, outpacing broader market indices as investors responded positively to news about graphics processing unit (GPU) exports to China resuming. The chipmaker received assurances from the Trump administration that it can once again export its H20 GPU to the Chinese market.While Nvidia rallied, major indices showed mixed performance. The S&P 500 fell slightly, dropping 0.4%, while the Nasdaq Composite remained relatively flat with its 0.18% gain, highlighting Nvidia's strong individual performance against market headwinds. Among competitors, Advanced Micro Devices (NASDAQ: AMD) showed even stronger performance, jumping 6.4% to $155.61, while Intel (NASDAQ: INTC) declined 1.63% to $22.92, highlighting the diverging fortunes within the semiconductor sector.Nvidia's trading volume reached approximately 229 million shares, below its 200-day average of approximately 253 million shares, according to Barchart data. Technically, the stock has established positive momentum by reclaiming its 200-day moving average of around $131.40, with the shares now trading nearly 30% above this key technical indicator.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool