Is Nvidia About to Soar? Here's What History Says.

Nvidia (NASDAQ: NVDA) has delivered enormous returns over the past few years, and this is for one main reason: The company has demonstrated its leadership and revenue potential in the high-growth area of artificial intelligence (AI). Nvidia dominates the AI chip market, selling the most powerful graphics processing units (GPUs), and that's resulted in double and triple-digit revenue growth during this AI boom. And as a result, the stock, too, has climbed. But, in recent months, Nvidia's performance has be ...