Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,

Follow along as investors await important inflation data in the U.S. as well as big bank earnings from JPMorgan.

U.S. stocks are drifting higher following some mixed data on inflation and profits at some of the biggest U.S. banks.

Nvidia ( NVDA 0.53%) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.

The Nasdaq-100 index plunged into bear market territory in April, but it has since recovered its losses and entered a new bull phase. Artificial intelligence (AI) stocks like Nvidia continue to lead the Nasdaq higher.

US stock market futures today are mixed as the Nasdaq‑100 jumps over 0.6%, powered by a 5% rise in Nvidia shares after the tech giant got the green light to resume H20 AI chip shipments to China. The S&P 500 climbs around +0.

Nvidia owns a 7% stake in CoreWeave, and made it possible for the young company to be the first to launch its latest GPUs. In February, CoreWeave became the first hyperscaler to make Nvidia's new Blackwell architecture broadly available -- and it just did the same recently with the latest iteration, Blackwell Ultra.