Nvidia closed Monday at $176.29, up 0.73%, with trading volume slightly below average. Reports of strong H200 chip demand from China and new AI models boosted the stock. S&P 500 and Nasdaq slipped as AMD and Intel faced competition.

Investors are optimistic about Nvidia’s increased chip output for China and acquisition of SchedMD for efficient AI data center operations. The stock’s recent pullback may reverse with these developments. Nvidia’s Q3 2026 results showed 62% revenue growth, with data center revenue up 66% year-over-year.

Join Stock Advisor for the 10 best stock picks. Jeff Santoro holds Nvidia positions, while The Motley Fool recommends Nvidia, AMD, and Intel. Stock Advisor’s total average return is 965%, outperforming the S&P 500’s 193%.

Disclosure: The author Jeff Santoro has Nvidia positions. The Motley Fool holds positions in AMD, Intel, and Nvidia. The author’s opinions do not necessarily reflect Nasdaq, Inc.’s views.

Read more at Nasdaq: Stock Market Today, Dec. 15: Nvidia Gains on Reports of Strong H200 Demand From China