Nvidia (NASDAQ: NVDA) has been a cornerstone of the artificial intelligence (AI) trade for several years. Its share price has increased 850% since January 2023, a period that roughly coincides with the launch of ChatGPT.

NVIDIA Corporation NVDA recently achieved a milestone, following double-digit revenue growth in the fiscal 2026 first quarter and a business boom. Let’s explore this achievement and consider the NVDA stock’s potential for investment.

Nvidia shareholders have been on a rollercoaster this year. The stock peaked at $153.13 early in 2025, before dropping to a 52-week low of $86.62 in April. The announced pause in U.S.-China tariffs and the first-quarter results have the share price back up to near $142.