Nvidia Hits $188B TTM Revenue, Stock Rallies 15% In Best April Since 2020
NVDA•Nvidia delivered eight consecutive quarters of rising revenue, achieving $188 billion in trailing-12-month sales, more than triple Intel’s $53 billion. The stock surged 15% in April, driving the Nasdaq to its strongest monthly performance since 2020.
1. Consistent Quarterly Revenue Growth
Nvidia has posted eight straight quarters of revenue increases, culminating in $188 billion of trailing-12-month sales. This streak reflects expanding demand for its GPUs across data centers and AI applications.
2. April Outperformance Spurs Nasdaq Rally
The stock climbed 15% in April, marking its best monthly gain since 2020. Nvidia’s surge was a key driver behind the Nasdaq’s 15% rally over the same period.
3. Widening Gap With Intel
Nvidia’s $188 billion trailing sales dwarf Intel’s $53 billion, underscoring Nvidia’s dominance in high-margin GPU markets. Intel managed just flat to modest growth over recent quarters in comparison.
4. Valuation and Future Outlook
Analysts forecast Nvidia could approach a $5 trillion market capitalization if revenue growth persists above 20%. Continued AI adoption and new product cycles are central to this long-term valuation thesis.
