By Yahoo Finance Video
Publication Date: 2026-04-16 14:30:00
00:09 Brian
Nvidia stock is on an epic run and for that, it has earned my stock of the day status. Nvidia stock has surged 21% in April. The stock is on an eye-popping 11-day winning streak. I think everything that Taiwan Semiconductor said today on booming demand for AI chips underscores this rally in Nvidia and why it can continue.
00:23 Brian
Keep in mind, TSMC produces Nvidia chips. So if it’s seeing strong demand, chances are Nvidia is having another bang-up quarter as I stand here and talk to you all out there. But let’s put this to the opening bid roundtable. Tom Hayes, Brooke, Inez Ferre.
00:39 Brian
Inez, coming back to you, uh, to you. You and I have been covering Nvidia for for eons, and we’ve seen a lot of different types of rallies in Nvidia, but a lot of folks that reached out to me on X have really canned or just panned, I should say, this Nvidia rally as a bunch of short covering and covering and not really based on fundamentals. And I’m I’m I’ve been surprised to hear that take.
01:07 Inez Ferre
Yeah, especially because we have seen semiconductors really that have been leading this recovery. And I’ve just been taking a look at Nvidia over the last 11 days, up 20% over the last 11 days.
01:21 Inez Ferre
And then you have Jensen Wang who has been also making a case for more cooperation with China. If there’s anybody that can do that, it’s him because he’s highly charismatic, he’s highly diplomatic, and…