Nvidia leads tech rebound as sector surges after sharp pullback

On May 29, technology stocks surged with Nvidia rising 0.81% and broad gains in semiconductors and software. This marks a sharp reversal from the May 27 sell-off when the sector tumbled, Nvidia fell 2.24%, Intel dropped 4.30%, and AMD declined nearly 3%. Defensive names such as Amazon, Eli Lilly, and Johnson & Johnson had outperformed during the earlier weakness. The latest session shows renewed momentum in growth stocks, with Micron, Oracle, and Microsoft posting strong advances while communication services lagged. Investors appear to be rotating back into tech following two days of caution amid macro uncertainty.