Nvidia Holds Firm as WSB's Top Pick with Impressive 15.86% Surge

Nvidia recently maintained its position as the top company on the WSB rankings, showing no change from the previous day. The company's stock rose by 1.91%, marking a continuous upward trend over four consecutive days, with a notable increase of 15.86% over this period.

On September 11, Nvidia's share price surged over 8%, driven by positive sentiment after CEO Jensen Huang's remarks. During a technology conference, Huang highlighted that Nvidia's products have become some of the most sought after in the tech industry. He pointed out the limited supply growth of the AI chip, Blackwell, which has led to increased competition among customers, leaving some frustrated.

Huang also mentioned Nvidia's significant reliance on TSMC for chip production, praising their excellence while also indicating the potential to consider alternative suppliers if necessary. This declaration positively impacted TSMC's stock, contributing to a 4.8% rise.

Looking ahead, the volatility in international tech stocks might persist, yet opportunities remain. The future stock performance of leading AI companies on the U.S. market is expected to rely heavily on their technological advancements. Investment strategies may include focusing on these opportunities as the sector stabilizes.

In the short term, Nvidia's influence in the tech sector continues to be significant, as evidenced by the warm recovery seen in its supply chain, with related companies like Shenghong Technology, Zhongji Xuchuang, Kinwong Electronics, and Wus Printed Circuit showing increases of over 3%.