Nvidia stock price today maintains upward bias after market

Nvidia stock price today maintains upward bias after market reports predicted GPU demand to rise by 15% year-over-year, a figure outpacing broader chip industry trends. There's no cryptocurrency that can duplicate what Nvidia (NASDAQ: NVDA) has done in the last three years or where it's headed. The semiconductor chip company rules the GPU space and continues to put up massive numbers every quarter. Its market cap of $4.5 trillion is unmatched, having risen 1,400% in the last 36 months. Looking forward, the company expects to see sequential growth in future quarters. At the same time, Foxconn acknowledges the need to continue to monitor exchange rate fluctuations and the effects of the global political and economic situation. Nvidia stock price today faces resistance near $905 as profit-taking emerges among short-term funds. However, forward P/E multiples remain justified by sustained revenue expansion.