Tech led US stocks higher on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.

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

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,

CoreWeave shares extended gains this week after the Nvidia partner said it would invest more than $6 billion in a new AI data center in Pennsylvania.

With Nvidia, AMD, and Broadcom’s customers currently ramping AI chips, KeyBanc analysts see those three companies in a favorable position ahead of the next batch of earnings reports.

Nvidia stock is trading near its all-time high and has just surpassed the $4 trillion market capitalization milestone. But why is Jensen Huang selling NVDA stock right now?

Nvidia’s CEO just sold $36 million in stock after selling $15 million last month. The shares have soared 1,400% over the past five years. That's why you might be surprised to learn that Huang just sold about $36 million in Nvidia stock,

That said, Nvidia is likely too large now to replicate its past investment returns. Low-double-digit annualized returns seem more realistic, making Nvidia a fantastic addition to a diversified portfolio, just not the life-altering stock it has been to this point.