US stocks climbed on Monday, with chip stocks leading the tech sector higher while investors eyed a possible year-end rally. All three benchmark indexes ended the trading session in the green, with the tech-heavy Nasdaq Composite rising nearly 1%.

Shares of NVIDIA Corp. NVDA advanced 3.69% to $139.67 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.73% to 5,974.07 and the Dow Jones Industrial Average DJIA rising 0.

Nvidia is one of the most popular AI stocks right now because of its lead in the semiconductor space. The company's graphics processing units (GPUs) have been used in data centers for years, and once tech giants began competing for generative AI dominance, the chips were even more in demand.

Could Nvidia stock fall by about 50% to levels of around $65 in the near term from the roughly $130 level it is at currently? We believe this is a real possibility. Nvidia has seen its business boom,

Nvidia's (NASDAQ: NVDA) stock has been a huge winner each of the past two years. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing. The question is,

Nvidia and TSM are two AI stocks that are trading at reasonable valuations and remain well-poised to deliver outsized returns.

It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, with analysts overwhelmingly bullish about the year to come.

Nvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company in the world for a brief period (it's currently No.