Nvidia (NASDAQ: NVDA) decided to split its stock in June 2024. It went for a 10-for-1 split, and the market was very positive about the announcement. NVDA surged 7% the day after at the opening bell.

That bounce comes after stock plunged 17% on Monday and slashed more than $595 billion from the company's valuation, the biggest single-day market cap decline on record. But retail investors bought the dip at a record level, even as the sell-off gripped Wall Street, according to Vanda Research.

Tuesday’s session followed a start to the week that marked Nvidia’s worst day in years, as a roughly 17% drop led to a loss of nearly $600 billion in market value.

Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off.

Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about the artificial intelligence frenzy.

Nvidia stock (NVDA) rose modestly early Tuesday. That put the shares on course to recoup a little bit of the ground lost in the previous session's 17% crash, which was fueled by concerns about China's DeepSeek.

Nvidia and other U.S. tech stocks are steadying a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 was 0.2% higher in early trading Tuesday.