
Nvidia stocks jumped 2.1 per cent in premarket trading on Monday. The world's most valuable company is scheduled to report results on Wednesday. Expectations are high for Nvidia, whose shares have risen 36 per cent from a March low, while the Philadelphia SE Semiconductor Index has surged more than 60 per cent this year on strong demand for AI-related chips.
This week brings little in the way of economic data, however, a handful of major U.S. retailers will be posting their latest financial results, along with chipmaker and AI bellwether Nvidia.