New Delhi, April 28 -- Shares of chipmaking giant and 'Magnificent Seven' darling Nvidia have staged a strong comeback in April, breaking multiple record highs as investors regained confidence in the AI trade following blockbuster earnings by major Wall Street tech giants and upbeat capital spending commentary, which led to a robust recovery.

Nvidia, the world's most valuable company, has recovered 24.5% so far in April. This comes after a prolonged stretch of stagnation, with the shares remaining largely flat from September 2025 through the end of last month. The stock last delivered a double-digit monthly gain in July 2025, when it surged 12%.

The reversal in sentiment also drove the stock to yet another record high of $216 in Monday'...