Nvidia CEO Jensen Huang is urging the U.S. and China to improve trade relations, arguing that access to the Chinese market is essential for American competitiveness in artificial intelligence (AI).

Nvidia has soothed worries about AI demand for now, and dispelled fears of a bubble bursting. Investors piled into tech and AI names after its Q3 results.

Nvidia "answered the bell," in the view of Jefferies analyst Blayne Curtis, helping to quiet concerns about the artificial-intelligence trade that have been stirring on Wall Street in recent weeks. Granted,

Overall, Nvidia’s revenue from China was $2.8 billion, or 5% of its overall sales for the quarter — far lower than the $8.4 billion projected by Wall Street analysts, according to Bloomberg data. Meanwhile, the AI giant saw $39.2 billion in revenue from the US and $13.8 billion from Taiwan.

CNBC's Michael Santoli joins 'Money Movers' to discuss Nvidia and the AI trade, the September jobs report, Fed rate cuts, and more.

Third-quarter earnings season is almost over, but the main event is still to come, with Nvidia scheduled to release its fiscal third-quarter results after the market closes on Wednesday. Nvidia stock

Nvidia's central role in funding the artificial-intelligence boom was in the spotlight during the earnings call, and CEO Jensen Huang doubled down on the company's strategy. Bank of America analyst Vi

Stock index futures pointed to a higher open Thursday after Nvidia's (NVDA) earnings flipped the script on risk, at least for this session. All eyes are now on the upcoming September jobs report. Nasdaq 100 futures (US100:IND) led the charge,