Nvidia and Tesla ripped higher this week, boosted by Trump's Middle East tour
CNBCFriday, May 16, 2025 at 8:24:35 PM
Nvidia and Tesla stocks surged this week due to eased U.S.-China trade tensions and the reversal of a Biden-era chip export rule, with additional momentum from Trump's Middle East tour.
What This Means: The rally reflects investor optimism around reduced regulatory hurdles and geopolitical stability, signaling potential growth for the semiconductor and electric vehicle sectors amid shifting trade policies.
— Curated via WP Now’s AI editorial system