Nvidia (NASDAQ: NVDA) has greatly benefited from the generative AI boom, with its stock rising 1,000% since the launch of ChatGPT in November 2022, peaking at $149.43 in January 2025. Despite a recent 35% decline due to trade tensions and concerns over AI infrastructure spending, history shows that Nvidia has rebounded significantly after similar drawdowns, averaging 305% gains over the subsequent two years. With a dominant market share in data center GPUs and evolving use cases, analysts expect demand for Nvidia’s products to remain strong, positioning the company well for future growth.
