In 2024, Nvidia’s stock surged by 161%, fueled by strong demand for AI and machine learning applications, particularly in autonomous vehicles, robotics, and data centers. The company’s high-performance AI-powered computing platforms have positioned it favorably in these expanding markets. Strategic acquisitions, including Arm, and a partnership with Microsoft to create AI-driven solutions have further enhanced its market presence. This growth trend is anticipated to persist as technological advancements and the rising adoption of AI and machine learning continue to shape various industries.