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Nvidia stock is on a 10-day winning streak and up 18% over that stretch

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Why This Matters

Nvidia's stock has experienced an 18% increase over ten days, driven by soaring demand for its AI chips from major tech giants. This momentum highlights Nvidia's dominant position in the rapidly expanding AI hardware market and signals strong investor confidence. The company's robust order pipeline underscores its critical role in shaping the future of artificial intelligence technology.

Key Takeaways

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.