Nvidia (NASDAQ: NVDA) stock is showing no signs of stopping. Share prices of the graphics card specialist have nearly doubled in 2023 despite warning signs from peers such as Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC), which are struggling due to weak personal computer (PC) and data center markets.

Both AMD and Intel's exposure to the PC market led to declines in their revenue and earnings last quarter.

But these reports haven't played spoilsport for Nvidia stock despite the company's exposure to the PC market. The stock maintained its terrific momentum, which will be put to the test when the company releases its fiscal 2024 first-quarter results on May 24.

Continue reading

Source Fool.com