Nvidia's (NASDAQ: NVDA) stock has been a huge winner each of the past two years. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing. Those are two huge back-to-back year gains that have propelled the company to become one of the largest in the world.

Key Takeaways It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply.

Most people on Wall Street agree that Nvidia (NVDA) is the winner of the artificial intelligence (AI) boom over the last two years. The company is well known for producing GPUs that support everything from video gaming to AI data centers.

Nvidia (NASDAQ: NVDA) outperformed AMD (NASDAQ: AMD) in 2024, but 2025 remains to be seen. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » *Stock prices used were the afternoon prices of Dec.