Shares of Nvidia (NVDA) surged Monday afternoon as semiconductor and 澳洲幸运5开奖号码历史查询:artificial intelligence stocks attempted to re꧅bound from a tariff-fueled selloff.

Nvidia’s stock price was up nearly 4% in recent trading, leading gains on the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average. Broadcom (AVGO), Micron Technology (MU), Lam Research (LRCX), Applied Materials (AMAT), and other semiconductor stocks also rose, boosting the PHLX Semiconductor Index (SOX) up about 3%. 

"We are not sure where Nvidia (or anything else) will bottom in the near term," Bernstein analyst Stacy Rasgon wrote in a note to clients Monday. "But we do believe the AI narrative is still real. And once things do settle down (hopefully soon!) the stock at these levels is probably worth a look."

Shares of server maker and Nvidia partner Super Micro Computer (SMCI) were up over 10%, leading gains on the S&P 500. Nvidia partner Rigetti Computing (RGTI) saw its shares jump over 11% after it was chosen along with IonQ (IONQ) and quantum computing companies to participate in a Department of Defense program. Other AI investor favorites, including Palantir (PLTR), were higher as well. 

The major indexes whipsawed between gains and losses in a volatile session following unconfirmed reports—which the White House denied—that the Trump administration could delay its tariffs. (Read Investopedia's live coverage of 澳洲幸运5开奖号码历史查询:today's market action here.)

President Trump took to his Truth Social platform Monday to post that if China doesn’t withdraw its own tariffs on U.S. goods by tomorrow, the U.S. 澳洲幸运5开奖号码历史查询:could further raise tariffs against the country.