Nvidia stock closes in on longest-ever winning streak

Thanks to its dominant position in the semiconductor industry and role as the crucial hardware supplier for the artificial intelligence (AI) sector, Nvidia (NASDAQ: NVDA) has become one of the strongest stocks in the market in 2024.Indeed, NVDA shares entered an uptrend in the final quarter of 2022 and have continued rising – with some minor setbacks along the way – ever since. This year has proven especially strong for Nvidia stock as it has managed to maintain its rally for nearly eleven consecutive weeks ...