Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025.
Nvidia stock is on a tear, rising more than 18% over the past ten days. It's the longest winning streak the artificial intelligence chip giant has seen since another ten-day rise in 2023.
Shares are trading about 8% lower than October's all-time high of $212.19, adjusted for a 10-for-1 stock split that occurred in 2024.
The steady climb comes amid explosive AI demand, as giants like Meta , Amazon , Google and Microsoft snap up Nvidia's AI chips.
At last month's annual GTC conference, CEO Jensen Huang said Nvidia has more than $1 trillion in orders for its graphics processing units through 2027, including its current Blackwell and next-generation Vera Rubin GPUs.