By Danny Vena, CPA, The Motley Fool
Publication Date: 2026-04-16 13:48:00
There’s no denying the volatility of Nvidia (NASDAQ: NVDA) in recent months. Case in point: After soaring 1,320% since early 2023, the stock began to lose altitude in late October. Uncertainty about the future adoption of artificial intelligence (AI) and fears about rising competition took hold — and fair-weather investors got nervous. During the ensuing five months, the stock crept steadily lower, in a downturn that saw the chipmaker shed roughly 20% of its value.
The tide of sentiment has turned, and Nvidia stock has done something that has never happened before in the company’s storied history — and it holds an important lesson for investors.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Wednesday saw the S&P 500 and Nasdaq Composite each close at new all-time highs. Nvidia climbed for its 11th successive trading day, making it the stock’s longest streak of consecutive daily gains on record — going back to the company’s IPO on Jan. 22, 1999. It would be easy to gloss over this stretch, yet it’s a feat so rare that Nvidia hasn’t achieved it in more than a quarter-century.
Wednesday’s move brings the stock price up more than 14% in roughly two weeks, and less than 4% from a new record high (as of this writing).
Yet it doesn’t take much…
