Nvidia shares spike 26% ! There are a number of factors

Strong demand for Nvidia's products. Nvidia's products are used in a wide range of applications, including gaming, data centers, and self-driving cars. As demand for these applications has increased, so has demand for Nvidia's products. Source : Google

[{"selector":"#anim-8c8352d9-aa59-46e2-ba59-7f8c30a40be2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Nvidia's leadership in the AI and graphics processing markets. Nvidia is the leading supplier of AI and graphics processing chips. The company has a strong track record of innovation and is well-positioned to continue to grow in these markets. Source : Google

[{"selector":"#anim-146e144c-805e-4e3e-bda3-74f146b88e7f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Positive analyst sentiment. Analysts are bullish on Nvidia's stock. They believe that the company is well-positioned to continue to grow in the years ahead. Source : Google

The overall health of the global economy. A strong economy would lead to increased demand for Nvidia's products. Source : Google

[{"selector":"#anim-2ad5022b-0cd2-449a-a301-f03701c27fa0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The development of new AI and graphics processing technologies. If Nvidia is able to develop new technologies that are ahead of the competition, it could lead to increased demand for its products. Source : Google

[{"selector":"#anim-b5083860-0676-463c-82ea-61d43d411166","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The entry of new competitors into the market. If new companies enter the market and begin to offer competitive products, it could put downward pressure on Nvidia's stock price Source : Google Learn more