Nasdaq Charges Higher As Oil Slides; Nvidia Rises As CEO Huang Sees AI Revenue Boom

Major U.S. stock indexes surged Monday, led by the Nasdaq, as oil prices declined sharply, easing inflation concerns and boosting investor confidence in tech-heavy sectors. Nvidia’s stock climbed after CEO Jensen Huang’s keynote at GTC 2026 highlighted explosive AI-driven revenue growth, reinforcing the company’s dominance in accelerated computing and quantum-classical hybrid systems. Huang’s presentation emphasized AI’s expanding role in enterprise and scientific computing, with Nvidia’s data center and quantum simulation platforms positioned as critical infrastructure for next-gen technological advancements. The broader market rally reflected optimism in tech and AI sectors, with semiconductor and cloud computing stocks outperforming as investors bet on sustained demand for high-performance computing solutions. Analysts noted the correlation between falling oil prices and tech gains, suggesting lower energy costs could further accelerate AI and quantum computing investments by reducing operational expenses for data centers.