Nvidia Stock Nears Its All-Time High. Is It a Buy Now?
Nvidia blows away expectations again, and it still might be just getting started.
Nvidia (NASDAQ: NVDA) did it again. The artificial intelligence (AI) leader beat Wall Street expectations with another record quarterly report. The stock surged as much as 6.4% Thursday morning as a result, coming within 5% of its all-time high.
That comes even after Nvidia shares had surged nearly 25% in the last month. Investors expected to hear good things, but the 73% year-over-year growth in data center revenue drove even better-than-expected overall results.
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