Yahoo Finance Live anchors discuss the rise in semiconductor stocks as the Biden administration considers putting new export restrictions in place.
Investors shouldn't expect a quick recovery for Nvidia given the near-term headwinds in the PC market.
The global artificial intelligence (AI) market is poised to grow into a $1.4 trillion opportunity by 2029, up from around $387 billion now. Look no further than how Nvidia (NASDAQ: NVDA), The Trade Desk (NASDAQ: TTD), and Amazon (NASDAQ: AMZN) are using AI to propel their businesses and you'll see why these stocks look like good long-term AI bets. Nvidia has long been a leader in the semiconductor market with its graphics chips, but large tech companies also tap into Nvidia's chip know-how for their AI systems.