It has rebounded in epic fashion from lows experienced earlier this year, but can the company keep up this momentum?
This year has been an emotional roller coaster for shareholders of Nvidia ( NVDA 0.58% ) . Following the news of new tariffs, in combination with intensifying competition in China, the company's shares plummeted by as much as 30% earlier this year, wiping out nearly $1 trillion in market value .
Such precipitous declines may have suggested that Nvidia's best days were in the rearview mirror, but the stock's more recent performance says otherwise.
As of Aug. 7, it had rebounded by 93% from its 2025 lows and now has a market capitalization of $4.4 trillion, making it the most valuable company in the world .
With such strong momentum fueling the stock to new hig