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Why NVIDIA Stock Jumped 12% in July


NVIDIA (NASDAQ: NVDA) stock popped 11.8% in July, according to data from S&P Global Market Intelligence. That's a bit better than twice the market's performance, as the S&P 500 returned 5.6% last month.

Shares of the artificial intelligence (AI) leader have been on fire this year. They've returned 87.5% through Monday, Aug. 3, while the S&P 500 has returned 3.1% over the period. 

Image source: Getty Images.

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Source Fool.com

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