Nvidia Stock Rises. Why It’s Getting a Double China Boost.

Nvidia stock was climbing early Monday and investors may have developments in China to thank for the move higher. Shares in Nvidia advanced 0.7% to $180.12 in premarket trading on Monday, in line with futures tracking the Nasdaq Composite but ahead of the S&P 500. While there’s a broad move higher in U.S. tech stocks, tt’s possible that two pieces of news related to China are helping investors bid up the shares, too.