Shares of companies within the broader technology sector are trading higher amid strength in the overall market, which may be gaining amid strength with NVIDIA and other chip stocks. At the ABC 2024 Presidential Debate, Vice President Harris said she wants to invest in American-based technology to win the race on AI and quantum computing.
Portfolio Pulse from Benzinga Newsdesk
Technology sector shares are rising, driven by market strength and positive sentiment towards NVIDIA and other chip stocks. Vice President Harris's comments at the ABC 2024 Presidential Debate about investing in American technology for AI and quantum computing further boost the sector.
September 11, 2024 | 7:15 pm
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NVIDIA shares are likely benefiting from the overall market strength and positive sentiment towards chip stocks, as well as Vice President Harris's comments on investing in AI and quantum computing.
NVIDIA is a leading player in the chip industry, which is seeing positive sentiment. Additionally, the focus on AI and quantum computing aligns with NVIDIA's strategic interests, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80