Nvidia stock is on a 10-day winning streak and up 18% over that stretch
1 sources·1 updates
Nvidia's stock has surged 18% over the past ten days, marking its longest winning streak since 2023. The rise comes amid explosive demand for AI technology, with CEO Jensen Huang revealing that the company has secured over $1 trillion in GPU orders through 2027. Additionally, Nvidia denied rumors of pursuing acquisitions of major PC companies like Dell and HP, while its data center revenue has skyrocketed, now accounting for 88% of its business.
Key Points
Nvidia has over $1 trillion in GPU orders through 2027.
The company denied acquisition rumors involving Dell or HP.
Nvidia's data center revenue is up 75% year-over-year.
Timeline
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