Why Did Nvidia Stock Soar Today?

Key Points Nvidia blew past expectations yet again. Company guidance calls for an even better fiscal fourth quarter. Nvidia's cloud GPUs are completely sold out. 10 stocks we like better than Nvidia › It didn't take long for Nvidia (NASDAQ: NVDA) to dispel fears of a slowdown in artificial intelligence (AI) infrastructure spending. Its latest earnings report was stellar, and investors are reacting today by jumping into the AI leader's stock. Nvidia shares had retreated more than 10% from their r ...