Don’t Call It a Laggard: Why NVIDIA Is Up 20% in April

NVIDIA (NVDA.OQ) has rallied roughly 20% in April and is up about 92% year‑over‑year, adding roughly $1 trillion in market value to a $5.26 trillion market cap. The piece argues NVDA only looks like a laggard in percentage terms because peers with much smaller bases (e.g., Intel, Micron, AMD) have posted larger percentage gains. NVDA’s Q4 FY2026 revenue was $68.13 billion (+73% YoY) and management guided Q1 FY2027 revenue near $78 billion; Blackwell Ultra shipments and the Vera Rubin platform are cited as growth drivers. Near‑term risks include competition from custom silicon (AMD’s MI300) and insider selling. NVDA reports Q1 results after the close on May 20; the article is overall bullish but notes consolidation risks around $200–$220.