What happened Shares of Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), and Nvidia (NASDAQ: NVDA) were all making gains this morning as investors continued their cautious optimism in tech stocks that began last month. The tech-heavy Nasdaq Composite is down 20% year to date as investors have processed the news of skyrocketing inflation, Federal Reserve interest rate hikes, and fears that the economy could end up in a recession. Additionally, Nvidia investors pushed the stock higher last week after the U.S. Senate passed the CHIPS for America Act, which will provide subsidies and tax credits for some semiconductor companies.