NVIDIA Soars 17% in Three Months: Should Investors Buy the Stock?

NVIDIA Corporation NVDA has delivered a strong performance over the past three months, with shares gaining 17.2%. This compares favorably with the 5.8% rise of the broader Zacks Computer and Technology sector. NVIDIA has also outperformed several major semiconductor peers such as Intel Corporation INTC, Broadcom Inc. AVGO and Marvell Technology, Inc. MRVL. Over the past three months, Marvell Technology stock has risen 7.7%, while shares of Broadcom and Intel have fallen 2.6% and 0.1%, respectively. NVIDIA Three-Month Price Return PerformanceZacks Investment Research Image Source: Zacks Investment Research The rally is supported by more than just investor enthusiasm around artificial intelligence (AI).