Finally, Nvidia continued to earn plaudits from Wall Street, as Cantor Fitzgerald said Nvidia's updated investor presentation sets up a revitalization in the stock. The Information also said the latest $6.6 billion funding round would set off another wave of investments in AI.

A Melius Research analyst says “you still get some eye rolls when you reiterate this buy,” but the setup for Nvidia shares “is still pretty darn good.”

Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Executives at Foxconn—officially named Hon Hai Precision Industry—said Tuesday at the company's annual tech day they were constructing in Mexico the world’s largest facility for