Consider this, just about nine months ago, at the end of December 2023, Nvidia stock was trading at around $50 levels.

Investors have found another major way to play the artificial-intelligence trend besides semiconductor stocks, and that’s led to a changing of the guard atop this year’s list of the best S&P 500 performers.

Nvidia stock has soared more than 700% in less than two years, and there are a lot of factors that will continue influencing its share price.

Nvidia shares were up 2.2% at $126.21 premarket trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware, lifting its market value past t

Nvidia’s stock is building a “pennant” chart pattern, which may suggest the preceding upturn is set to resume.