2d ago
Nvidia's Shares Have Soared Over 4,200% Since 2019 🚀
Key Takeaways
- Since 2020, chip maker Nvidia has posted triple-digit annual returns each year, with the exception of 2022.
- In its latest quarter, it saw record revenues of $44 billion, with its data-center revenue jumping 73% year-over-year.
- Along with providing chips to big tech firms, Nvidia has minted deals with Saudi Arabia, India, and the UAE for infrastructure projects.
Nvidia’s Explosive Market Run
As of June 13, 2025 Nvidia's shares are up 6% to-date, bolstered by strong first quarter earnings.
While Trump's restrictions on China are estimated to result in $8 billion in losses for the company next quarter, it is offsetting this with major deals in the Middle East.
Overall, strong global demand could continue to buoy the stock as firms increasingly explore AI products and innovations.