Nvidia Stocks Surge for the Longest Streak in 7 Years ahead of Tech Peers

Nvidia stock has surged for 10 consecutive days, making this its longest rally since December 2016, according to the data from Bloomberg reported by Business Insider.

The rapidity of Nvidia stock that rebounded amid a broader market upswing with the arrival of its latest H200 AI Chip and tech boom are incomparable with any other tech stocks such as Apple or Microsoft.

However, Nvidia also faces challenges regarding the geopolitical divide between the US and China which creates conflict in the global chip industry. This leads to the report by state-affiliated Chinese media saying Nvidia is in the process of making three new chips for China in response to the limitations on access to key technologies from the US.