If you're going purely based on history, the trends seen in the stock chart above would suggest that Nvidia stock will be headed higher after it reports earnings on Feb. 26. But smart investors know all too well that past performance shouldn't be used as your sole barometer.

Nvidia (NASDAQ:NVDA) stock has been on a remarkable run, with its dominance in AI chipmaking playing a crucial role in its ascent to becoming

Nvidia (NASDAQ:NVDA) was rocked by Chinese artificial intelligence lab DeepSeek releasing an AI model that was more efficient, faster, and cheaper than exist models. It was built using Nvidia's low-powered A100 chips to get around technology exports to China.

Artificial intelligence (AI), especially the rise of generative AI, has provided a massive tailwind for Nvidia in recent years. The stock has delivered a return of nearly 21x since early 2020 and is up more than 80% during the last 12 months.