- Nvidia is set to hold its annual investor event set at 11:30 AM ET on Tuesday.
- Nvidia 's stock shed nearly half of its value from November to January after the chipmaker delivered disappointing third-quarter results and later cut its fourth-quarter revenue guidance .
- But shares recovered a bit as its fourth-quarter results topped Wall Street estimates and after it beat out Intel in the race for acquiring Mellanox Technologies.
- Watch Nvidia trade live.
Nvidia jumped 3.44% to $174.73 apiece early Tuesday, ahead of its annual investor event set at 11:30 AM ET.