The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to 1999.

The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip industry. Reports that the DOJ sent subpoenas to the leading manufacturer of data center graphics processing units,

With few big sector-specific catalysts on the horizon, one analyst thinks the direction of semiconductor and other technology stocks will be determined by the Fed’s next move and macro data.