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Backed by the artificial intelligence (AI) boom, Nvidia (NVDA) became the first company to cross the $5 trillion market valuation threshold in October 2025. In the following months, NVDA stock has witnessed some correction and sideways movement. However, shares of the tech giant have still returned 53% in the last 52 weeks.
As positive new flows continue for Nvidia, the stock might be poised for another breakout after consolidation. Last week, Nvidia and Palantir (PLTR) announced a partnership on sovereign AI operating systems. This is an important collaboration, as the sovereign AI architecture will allow enterprises to completely control data, AI models, and applications.