Nvidia stock has surged 40% due to new chip-to-chip technology and large order

From Nasdaq: 2025-05-20 23:40:00

Nvidia (NASDAQ:NVDA) stock has surged by close to 11% in the last week and remains up nearly 40% over the past month. The company has launched NVLink Fusion, a new chip-to-chip interconnect technology aimed at boosting the performance of AI systems. Nvidia has also secured a large order for over 18,000 Blackwell AI chips to be supplied to a Saudi Arabian AI startup. This move comes as Nvidia looks to reduce its reliance on major U.S. tech companies, which collectively account for over 50% of its revenue. The company’s stock has shown volatility over the last four years, with fluctuating annual returns, and is currently valued at about $101 per share, 25% below the current market price. The future performance of Nvidia stock remains uncertain, with factors such as the evolution of the AI industry and potential market shocks playing a significant role.



Read more at Nasdaq: Why Has Nvidia Stock Rallied 40% Over The Last Month?