Nvidia Shares Are Rising Wednesday: What's Going On?

NVIDIA Corporation (NASDAQ:NVDA) shares are trading higher Wednesday, rebounding from Tuesday’s sharp decline, as chip stocks across the board recover from heavy selling pressure. Here's a look at what's driving the movement.

What To Know: Nvidia shares fell more than 4% on Tuesday alongside several chipmakers amid multiple developments.

Nvidia is at the center of U.S. policy discussions regarding AI chip exports, which may help explain some of the recent volatility. Bloomberg reported Tuesday that the Biden administration was weighing new export restrictions aimed at curbing the sale of advanced AI chips to countries ...

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