Home Editor's Picks Missing out on Nvidia’s rally? Well, you’re probably missing these rallies, too

Missing out on Nvidia’s rally? Well, you’re probably missing these rallies, too


Missing out on Nvidia’s rally? Well, you’re probably missing these rallies, too By Investing.com

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AuthorDavit KirakosyanStock Markets

Published Feb 22, 2024 08:12AM ET

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Are you not participating in NVIDIA’s (NASDAQ:NVDA) remarkable surge?

The frontrunner in AI technology saw its stock rise by over 14% in pre-market today, thanks to impressive quarterly results, beating Q4 expectations and raising its outlook. This growth was fueled by a surge in demand for chips driven by AI advancements, mitigating the impact of the U.S. chip export restrictions to China.

Nvidia’s stock has experienced a remarkable increase of over 55% year-to-date and 239% throughout 2023, consistently outperforming Wall Street expectations for the last five quarters.

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Missing out on Nvidia’s rally? Well, you’re probably missing these rallies, too

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