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'Didn't Take Much For Nvidia To Get People Excited About AI,' Says Strategist, After Jensen Huang Talks Up AI's Potential Beyond Data Centers

Benzinga ·  Sep 12 03:34

Nvidia Corp.(NASDAQ:NVDA) shares jumped over 8% on Wednesday, taking the broader market and the tech sector higher along with them, and two experts weighed in on Nvidia-led recovery.

Nvidia – AI Trades' Lifeline:After a strong move to the downside in initial reaction to the August consumer price inflation numbers, stocks came back up strong and it didn't take much for Nvidia to get people excited about artificial intelligence, said B Riley Wealth Chief Market Strategist Art Hogan in an interview with Yahoo Finance. The upside came amid comments from a multitude of ongoing conferences, he said.

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