Jensen Huang founded accelerated computing company Nvidia ( NVDA -0.02%) in 1993, and has served as the CEO and president ever since. Nvidia has achieved many breakthroughs under his leadership, but the invention of the graphics processing unit (GPU) in 1999 was particularly momentous.

The Biden administration is planning to impose more restrictions on chip sales to China and Russia, according to a report.

Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.

Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day. Nvidia stock tumbled 6.2% in the previous session, wiping out about $200 billion worth of market capitalization.

Shares in the chip designer were up 0.4% at $140.69 in premarket trading. Futures tracking the benchmark S&P 500 index were down 0.2%. Nvidia stock tumbled 6.2% in the previous se