What's Going On With The Rise In Nvidia Stock Today?

Benzinga
2025.10.24 18:28
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Nvidia Corporation (NASDAQ:NVDA) shares rose 1.69% to $185.24 as it collaborates with Schneider Electric on an 800 VDC sidecar for next-gen GPUs. This partnership aims to support the transition to high-density power systems in data centers, essential for AI applications. Nvidia's financials show a price-to-earnings ratio of 51.90, a return on equity of 28.72%, and revenue growth of 55.6%, indicating strong growth potential and profitability compared to industry averages. The stock is nearing its 52-week high of $195.62.