The stock market was having a generally strong day to start the week, with the S&P 500 up by about 0.6% as of 2:45 p.m. EST. Instead, the move is being fueled by the announcement that the Federal Reserve's top banking regulator,

Key Takeaways Nvidia shares climbed to close at an all-time high Monday.The gains came after Nvidia supplier Foxconn posted record fourth-quarter revenue.CEO Jensen Huang is also set to deliver the opening keynote at a major consumer electronics show Monday evening.

Drew Pettit, U.S. equity strategist at Citi Research, said in a latest program on […] U.S. Chips Act beneficiary Intel Corp’s (NASDAQ:INTC) crisis appears to be worse than expected, as companies ranging from Nvidia Corp (NASDAQ:NVDA) and smaller rivals,

Nvidia (NASDAQ: NVDA) stock hit a new all-time high Monday morning, shaking off its mid-December slump and jumping as much as 5.3%. As of 1:19 p.m. ET, the stock was still up 4.7%. There were a couple of developments that sent the artificial intelligence (AI) chipmaker higher,