Nvidia stock was rising Monday, as investors geared up for a crucial earnings report that could help decide how much longer the artificial intelligence-powered broader market rally could last. Shares in the chip maker were up 1.

Those issues have raised questions over Nvidia’s near-term financials. And those questions have arrived as investors reckon with the prospect of slower growth from the company and other Big Tech players that have gone all in on AI — generally by spending billions and loading up on Nvidia’s chips.

The semiconductor market is positioned to have another "transformative year" in 2025, believes exchange-traded fund provider VanEck. Industry leaders such as Nvidia (NASDAQ:NVDA), Broadcom (AVGO), TSMC (TSM),