---
title: "$NVIDIA(NVDA.US)The surge in Tesla's stock price is positive for AI companies like Nvidia both senti"
description: "$NVIDIA(NVDA.US)The surge in Tesla's stock price is positive for AI companies like Nvidia both sentiment-wise and substantively.It indicates that AI demand hasn't weakened,but the overall valuation of"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/20706095.md"
published_at: "2024-04-24T03:30:34.000Z"
author: "[复利魔方3650](https://longbridge.com/en/profiles/7185361)"
---

# $NVIDIA(NVDA.US)The surge in Tesla's stock price is positive for AI companies like Nvidia both senti

$NVIDIA(NVDA.US)The surge in Tesla's stock price is positive for AI companies like Nvidia both sentiment-wise and substantively.

It indicates that AI demand hasn't weakened,

but the overall valuation of the semiconductor industry will decline due to TSMC's downward revision of industry growth expectations and the impact of ASML.

Personally, I feel the upside potential for U.S. stocks isn't very significant. Nvidia had gained up to 90% in the past few months...

### Related Stocks

- [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md)
- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)
- [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md)
- [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md)
- [ASML.US - ASML](https://longbridge.com/en/quote/ASML.US.md)
- [TSM.US - Taiwan Semiconductor](https://longbridge.com/en/quote/TSM.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.