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Nvidia CEO Jensen Huang might need to lose the leather jacket, as a new crew of "cool kids" tops the chip sector.

Why it matters: As the largest U.S. company by market capitalization (now $5.4 trillion!), Nvidia has the single biggest influence on broad market cap-weighted indexes like the S&P 500.

State of play: Despite rising roughly 18.3% year-to-date, Nvidia is a laggard among high-flying computer chip stocks this year.