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Barchart
Barchart
Mohit Oberoi

Can Nvidia Stock Reach $1,000 on AI-Fueled Growth?

This has been nothing short of a phenomenal year for Nvidia (NVDA). After losing two-thirds of its market cap in 2022, the stock has more than tripled in 2023 - and moreover, Nvidia also joined the exclusive ranks of trillion-dollar companies.

The stock has now closed with gains for 10 straight trading sessions, notching its longest winning streak since 2016. NVDA is currently trading near $500, and is within striking distance of the all-time highs that it hit earlier in the year. 

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