While there's no singular catalyst behind this outperformance, the rise of artificial intelligence (AI) has, arguably, played the biggest role in sending Wall Street's major index

Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.

We never did get a Santa Claus rally to close out last year and the overall weakness with which 2025 began is worth noting.

NVIDIA, being one of the most-watched stocks on Wall Street, can reflect sentiment for the entire market. Today’s reversal in trading for the chip giant bodes poorly for the market’s short-term outlook.

A wide-ranging product presentation by chief executive Jensen Huang failed to propel the artificial intelligence chipmaker to new heights.

Jensen Huang's CES keynote flexed the company's dominance in artificial intelligence across industries.

The Microsoft CEO's claim about not being “chip constrained” has adversely affected investor sentiment for Nvidia. However, this development can prove beneficial for another high-flying semiconductor stock.

Shares of artificial intelligence (AI) semiconductor stocks Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Arm Holdings (NASDAQ: ARM) rallied on Friday, up 4.5%, 3.5%, and 10.

In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO),

Nvidia CEO Jensen Huang says MediaTek could sell desktop processor chip co-developed with Nvidia, showcased at CES 2025. AMD and Intel are key competitors.

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is all set for full-capacity production in the U.S. and Germany after commercializing its debut Japanese chip plant in Kikuyo, Kumamoto Prefecture, last December.

China is Taiwan's biggest trading partner. The fourth quarter is traditionally strong for Taiwan exports due to the peak end-of-year shopping season in the U.S. and Europe. Taiwan firms such as TSMC, the world's largest contract chipmaker, are major suppliers to Apple, Nvidia and other tech giants.