So I've been watching Nvidia pretty closely, and something really caught my attention. We're now well into 2026, and this stock has been absolutely on a tear. Think about it — just three years back, NVDA was trading below $15. Now it's sitting way higher. That's a wild swing in a relatively short window.

The reason is pretty straightforward. Nvidia basically owns the AI chip market right now. Their GPUs are what everyone needs to build out AI infrastructure, and the demand has been relentless. In their latest earnings, they pulled in $68 billion in revenue — a 73% jump year-over-year. That's the kind of growth that gets people's attention.

What's interesting to me is that this momentum doesn't seem to be slowing down. We're in the middle of a huge infrastructure buildout. Cloud companies are spending aggressively, and Nvidia's products are the critical piece of that puzzle. Plus, they've got this annual update cycle going — Blackwell, Blackwell Ultra, and now Rubin coming later this year. Customers are racing to stay current, which keeps feeding the demand cycle.

If you're wondering about NVDA earnings dates and what's coming next, the market seems to be pricing in continued strength. The stock trades at a pretty reasonable 22x forward earnings, which is wild for a company growing like this. Some analysts have thrown out numbers like $250 or even $300 as targets. Personally, I think $250 feels more grounded given current conditions, but I wouldn't rule out higher moves if the macro environment clears up.

The real story here isn't just the stock price though. It's that Nvidia has the fundamentals to back up the momentum. Strong earnings, a clear competitive moat, and a market that's not going anywhere. For long-term investors, that's the kind of setup that tends to work out.