By Adria Cimino
Publication Date: 2026-04-28 15:10:00
Over the past few years, investors recognized the potential of artificial intelligence (AI) stocks to supercharge their portfolios. There are many players to choose from, but one stock in particular emerged as a surefire winner, and that’s Nvidia (NVDA 3.12%).
The company, as the AI chip leader, already was generating explosive earnings growth — and set out a clear plan for lasting success. So it’s no surprise that investors rushed to get in on this stock, driving it to a gain of nearly 700% over three years.
The path was rather smooth until the past few months, when concerns about the AI revenue story shook investor confidence, and the war in Iran added to the uncertainty. As a result, Nvidia and many other AI players slipped in the first few months of the year.
But the month of April has proven to be a turning point for this AI leader. Investors, reassured about the long-term AI story, returned to AI stocks, and a ceasefire in Iran offered hope that the turmoil there may soon be over. Against this backdrop, Nvidia reached a record high on Friday and then another on Monday. After such gains, is it too late to buy this hot AI stock? Let’s find out.
Image source: Getty Images.
Nvidia’s momentum is back
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