Nvidia (NVDA) 10-Day Win Streak: Shares Up 18% Amid AI Demand

AI Summary

Nvidia (NVDA) shares have increased by 18% over the past ten days, marking its longest winning streak since 2023. Currently trading about 8% lower than its October all-time high of $212.19, which is adjusted for a 10-for-1 stock split from 2024. The company reported that its data center revenue has surged by 75% year-over-year, making up 88% of its business, a significant shift from five years ago when gaming was the top revenue source. Nvidia also stated that it has over $1 trillion in orders for its GPUs through 2027, signaling strong future demand amid accelerating AI growth.