Nvidia shares surged 7.3% on Friday to $194.90, recovering after a 9.3% single-day decline caused by concerns over Democrat-led regulatory oversight on data centers.
The recent volatility followed the midterm elections, which investors fear may lead to tighter restrictions on the expansion of AI infrastructure.
Despite the rebound, Nvidia's stock remains 25% below its October peak, limiting its year-to-date gains to 1.32% as scrutiny of AI-related cash burn intensifies.