Nvidia Stock Just Did This for the First Time in 3 Years. Here's What History Says Will Happen Next
Nvidia (NVDA 3.16%) amazed investors over the past few years, climbing with what seemed like nonstop momentum to reach record levels. The stock even soared beyond $1,000 last year before the company launched its stock split, a move to lower the per-share price. All of this is thanks to Nvidia's position in one of today's most-watched markets: artificial intelligence (AI).Analysts expect this market to explode higher throughout the decade, and developments we've seen so far support this idea. Tech giants are ...