Nvidia stock was rising early Wednesday as it continued to pare back some of its recent losses—but more big swings could be ahead.Shares in the chip maker rose 2.2% to $111.11 in premarket trading, having closed the previous session up 1.

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 6.9% in the morning session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected.

CompanyOverview|NASDAQ:NVDA] Headwinds aside, the outlook for NVIDIA's (NASDAQ: NVDA) growth and long-term profitability is undeniable. AI is driving results; the company is expanding into new verticals and is forecasted to grow at a double-digit pace for at least the next ten years.