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Why Nvidia Stock Gained 14% in March

TheMotleyFool

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Why Nvidia Stock Gained 14% in MarchPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Shares of Nvidia (NASDAQ: NVDA) were climbing again last month as the AI leader continued to benefit from investor excitement for all things artificial intelligence.

Additionally, the company got a positive response at its annual developer conference and enjoyed some momentum at the beginning of March from its strong fourth-quarter earnings report in February.

According to data from S&P Global Market Intelligence, Nvidia stock finished the month up 14%. As you can see from the chart, there wasn't a defining trend for Nvidia last month, though it got a strong start out of the gate.

Source Fool.com

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