<ul><li>Nvidia shares have surged 45% in the last 2 months, leading to a significant rebound for the chipmaker after facing struggles earlier this year due to tariff-related concerns.</li><li>Several catalysts have contributed to the recent rally, including the removal of restrictions on AI chip sales to certain countries, a major partnership with a Saudi firm, strong first-quarter earnings, and continued enterprise AI spending by tech giants like Meta and Microsoft.</li><li>The easing of export controls, the Saudi partnership, positive earnings results, and ongoing AI investments by tech industry leaders have reignited investor enthusiasm for Nvidia's stock.</li><li>Nvidia's stock price has climbed 45% since the recent low in April, with the company benefiting from favorable developments in trade policies, strategic partnerships, financial performance, and sustained demand for AI technologies.</li></ul>

Nvidia has soared 45% in 2 months. These forces are reviving the hype for Wall Street's favorite AI play.

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