Nvidia's stock price is up more than 140% since the beginning of this year—here's what gives the company an edge

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Demand for AI products has pushed Nvidia into the trillion-dollar market cap club. Here’s why.

Nvidia's stock price is up more than 140% since the beginning of this year—here's what gives the company an edgeafter the stock market's close on Wednesday, beating analysts' expectations, according to LSEG estimates. Nvidia reported $30.04 billion in revenue for its fiscal second quarter, a 122% surge compared with the same period last year.

Nvidia used to primarily focus on producing chips for 3D gaming.

 

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