Chip designer Nvidia (NASDAQ: NVDA) looks virtually unstoppable right about now.
The company crushed Wall Street's expectations and management's guidance targets in last week's first-quarter report. A global thirst for artificial intelligence (AI) systems, and particularly for semi-creative generative AI platforms, drove Nvidia's results through the ceiling again.
As a result, the stock soared to fresh all-time highs. With a market capitalization of $2.85 trillion, only (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) can claim a larger market value nowadays.
Source Fool.com