Nvidia (NVDA) stock advanced on Friday as buyers rushed in to purchase oversold stocks. NVDA stock initially declined after the chip maker reported stronger-than-expected fourth-quarter results and provided 2025 sales guidance that was also above analysts’ average estimate.

Nvidia shares were in the green on Wednesday morning. The NVDA stock climbed up sharply after market open, going up over 3% to hit an intraday high of $131.60. The chip giant is set to report its fourth-quarter financial results on Wednesday after the bell,

What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 6.9% in the afternoon session after the company reported Q4 2024 earnings: Additionally, concerns about the company's performance in China may be weighing on sentiment.

Trump announced Thursday that Mexico and Canada would face tariffs of 25% from March. 4 which had investors worried. It’s not all bad news for the world’s biggest chip maker Nvidia.

Market heavyweight Nvidia (NVDA) delivered blockbuster results in Q4 of its fiscal year ended January 2025, which saw revenue soar to a record $39.3 billion.

Nvidia’s strong earnings report on Thursday signaled substantial growth potential and eased concerns about faltering AI demand. The company’s stock rose 2.6% in premarket trading, leading US stock futures higher.