NVIDIA Corporation NVDA recently achieved a milestone, following double-digit revenue growth in the fiscal 2026 first quarter and a business boom. Let’s explore this achievement and consider the NVDA stock’s potential for investment.

It turns out the sky isn't falling after all. Nvidia has delivered two successive quarters of high-double-digit revenue growth, as demand for AI remains robust. Indeed, the stock is within striking distance of a new all-time high after notching gains of 50% over the past two months.

Nvidia shareholders have been on a rollercoaster this year. The stock peaked at $153.13 early in 2025, before dropping to a 52-week low of $86.62 in April. The announced pause in U.S.-China tariffs and the first-quarter results have the share price back up to near $142.