Nvidia (NASDAQ: NVDA) stock has been under pressure this year on account of various factors, such as the tariff-fueled trade war, concerns about rising competition in the market for artificial intelligence (AI) accelerator chips,

NVIDIA Corporation NVDA recently achieved a milestone, following double-digit revenue growth in the fiscal 2026 first quarter and a business boom. Let’s explore this achievement and consider the NVDA stock’s potential for investment.

Nvidia shareholders have been on a rollercoaster this year. The stock peaked at $153.13 early in 2025, before dropping to a 52-week low of $86.62 in April. The announced pause in U.S.-China tariffs and the first-quarter results have the share price back up to near $142.