With Nvidia's competitors taking advantage of Biden-led bills, such as the CHIPS Act, it will be interesting to see whether Donald Trump furthers this spending.
The Republican Party's expected control could mean Trump's policies move quicker through the democratic process, potentially affecting Nvidia's growth positively.
Today's rally suggests that growth and inflation expectations are heating up, indicating broader market optimism that could benefit high-performance chip makers like Nvidia.
Overall, split government is generally considered to be better for equities, suggesting a positive outlook for stocks amid changing political tides.
Collection
[
|
...
]