By George Glover
Nvidia stock was edging higher Tuesday, giving investors hope that the artificial-intelligence chip maker's horror start to the week won't extend into a second session.
Shares climbed 1% to $108.02 in premarket trading. Futures tracking the S&P 500 were up 0.2%.
Nvidia plunged 5.1% Monday for its lowest close since Sept. 9. The stock has lost 20% this year, tumbling as the market's worries about President Donald Trump's tariffs tank the AI trade.
Shareholders will be hoping for a Trump about-turn, which could be the only way to end the recent stock market rout. Investors are worried the levies on imports could spark a flare-up in inflation and drag down growth, both of which would be likely to weigh on demand for Nvidia's chips.
Write to George Glover at george.glover@dowjones.com
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(END) Dow Jones Newswires
March 11, 2025 05:17 ET (09:17 GMT)
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