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

Nvidia stock rose Thursday as positive sentiment around demand for artificial intelligence continued to drive chip stocks.Nvidia shares were up 1.3% at $125.10 in early trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware,

Micron’s positive AI commentary shouldn’t come as a huge surprise, but it could nonetheless help support AI plays like Nvidia.

Key Takeaways The volatile month for shares of Nvidia continued Thursday, with the stock gaining more than 3% in early trading only to slide into negative territory in the afternoon.The shares had rallied to start the week and are back in the green for September after falling sharply early in the month.

Ever since shares of Nvidia (NVDA) reached an all-time high in June, the chipmaker’s stock has experienced some turbulence — but its market cap is still up over 150% so far this year.

The opportunities for artificial intelligence (AI) to have an impact in the healthcare space are enormous. Over the last couple of years, artificial intelligence (AI) has emerged as the world's next megatrend.