By Eric Bleeker
Publication Date: 2026-03-09 23:16:00
NVIDIA (NVDA) shares rebounded today, up 2.68% amidst a broader semiconductor rally. GraniteShares 2x NVDA (NVDL) surged 5.5%. Inverse NVIDIA ETFs took a beat with the Tradr 1.5X Short NVDA Daily (NVDS) down 4.22%.
Nvidia’s Q4 results showed 73% revenue growth and 263% networking revenue surge, driving the rebound ahead of its GTC conference despite macro uncertainty.
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Semiconductor stocks caught a major bid on Monday, with NVIDIA (NVDA) shares rebounding and its leveraged ETFs amplifying the move.
The broader backdrop was anything but calm. WTI crude oil briefly hit $120 per barrel overnight before pulling back to around $100 as of 11:10 AM ET. After markets closed, oil futures took another leg down and now trade for $88.65. That further decline comes after Donald Trump said the Iran War will end ‘very soon.’
The Nasdaq-100 (QQQ) closed at $607.76 on the day, up 1.34%. That’s an especially notable move since Nasdaq futures were down as much as 2.7% last night!
READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocks
The GraniteShares 2x Long NVDA Daily ETF (NVDL) surged 5.5% on Monday, March 9, 2026, tracking a strong session for NVIDIA and the broader chip complex. As a 2x leveraged daily product, NVDL is designed to deliver twice the daily return of NVDA, so when NVIDIA moves, NVDL moves harder in the same direction. NVIDIA shares…
