Nvidia Shares Jump 18% in 10 Days as Big Tech Drives AI Chip Demand

Gate News message, April 14 — Nvidia shares rose more than 18% over the past 10 days, marking the company’s longest winning streak since 2023, driven by strong demand for AI chips from Meta, Amazon, Google, and Microsoft.

The stock remains about 8% below its October peak on a split-adjusted basis (accounting for stock splits). CEO Jensen Huang disclosed at the company’s GTC conference that Nvidia has over $1 trillion in GPU orders through 2027.

Nvidia also denied reports of talks to acquire a PC maker and introduced Ising, an open-source model family for quantum computing.

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