AINewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Climbs Despite Cautious Forecast, Driven by AI Demand and Investor Confidence
NVIDIA (NASDAQ: NVDA) is experiencing a stock surge, rising 5.3% on Thursday, even after issuing a cautious forecast for fiscal 2026. The company reported impressive revenue growth of 126% in fiscal 2024 and 114% in fiscal 2025, underscoring the robust demand for its AI and data center products. Analysts attribute the stock's resilience to Nvidia's pivotal role in the AI sector, with ongoing investments in data centers and AI infrastructure fueling optimism. Despite the tempered outlook, investors remain bullish on Nvidia's long-term growth prospects in the evolving tech landscape. As of May 29, 2025, Nvidia's stock is trading at $140.04,…