Key Takeaways NVIDIA stock jumped to a new 52-week high of $191.05, while it has soared 40.5% YTD.Data Center sales rose 56% y/y in Q2, driven by strong GPU demand for AI workloads.Despite high valuation, NVIDIA's dominant position in AI and impressive outlook make it worth holding.NVIDIA Corporation (NVDA) has had a remarkable run so far this year, with its shares hitting a new 52-week high of $191.05 on Thursday. The stock has been a key beneficiary of the artificial intelligence (AI) boom, which has driv ...

Key Takeaways NVIDIA reported Q2 revenues of $46.74B, up 56% year over year, beating consensus estimates.Data Center revenues hit $41.1B, fueled by Blackwell and Hopper GPU demand for AI workloads.NVIDIA projects Q3 revenues of $54B with strong margins, while valuation remains elevated.NVIDIA Corporation (NVDA) recently reported yet another stellar quarterly performance, reinforcing its dominance in the artificial intelligence (AI) and semiconductor markets. On Aug. 27, the company reported second-quarter f ...