Nvidia shares surge 14% amid strong demand for Blackwell chip and AI growth prospects

Nvidia Corp.’s shares are roaring back after the company successfully calmed investor concerns about product delays and its long-term growth prospects.

The stock is up almost 14% this month, including a 2.4% gain on Monday that resulted in its first record close since June, though it remains below an intraday peak. It’s the second-best performer in the S&P 500 Index this year.