It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

Nvidia (NASDAQ: NVDA) stock is jumping Thursday following the Federal Reserve's recent interest rate cut. The company's share price was up 4.9% as of 3 p.m. ET.

Nvidia has a growth stock for you. It's difficult to make a 147% return in a matter of months, but that's what Nvidia ( NVDA -0.03%) achieved with a multimillion-dollar investment this year. The investment was one of many AI companies Nvidia decided to back.

Large cloud-computing customers are continuing to spend heavily as they prepare to shift in 2025 to Nvidia’s next generation of GB200 liquid-cooled rack systems.

The artificial intelligence (AI) revolution is just heating up. To raise the stakes in this race, most tech companies with the necessary capital and resources have integrated AI into their existing products or developed new ones.

A Wall Street analyst initiated coverage of three semiconductor stocks with buy ratings, citing their exposure to the artificial intelligence boom.

The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.