What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 4.4% in the afternoon session after the company announced a partnership with Corning amid strong earnings reports from peer companies in the semiconductor sector.

Nvidia (NVDA) stock rose just 2.4% while AMD surged 15% on earnings. The AI chip market is shifting from GPUs to CPUs—and that's changing the game.

Three of the most-watched AI names point in three different directions at current prices: NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) at $196.50 looks most attractive on valuation, AMD (NASDAQ:AMD) at $355.

The S&P 500 and Nasdaq hit new highs on Iran deal hopes. Nvidia leads new buys with Arm a big earnings mover late.

As NVIDIA continues to build its AI empire, the company has announced its latest business partnership. The tech company is partnering with Corning to improve manufacturing processes and AI infrastructure in the United States.

NVIDIA Corp (NASDAQ: NVDA) is one of the best stocks to buy in 2026 according to billionaire George Soros. NVIDIA stock has soared more than 70% over the past year, and it has more room to run as the Street’s average price target indicates more than 30% upside potential.

Nvidia's soaring stock price may trigger another stock split.

Nvidia (NVDA) stock drops 7% to $198 but analysts see 35% upside with $269 target. Forward P/E at 22x vs AMD's 40x. May 20 earnings in focus.

The company reports Q1 earnings on May 20, and analysts are expecting another blowout quarter, with a consensus of $78.8 billion in revenue (up 78.6% year over year) and $1.77 in per-share earnings (up 118.5% year over year). Should you consider picking up shares of the chipmaking behemoth before its May 20 report?