Nvidia (NASDAQ: NVDA) stock has roared higher in recent years -- and it's continued with that momentum this year, as it's heading for a gain of more than 185%. Nvidia has become the "go to" company for AI and counts the world's top tech companies as its customers.

Wall Street’s AI darling, fell on Monday following reports that a senior executive had met with Chinese officials. The stock slip comes amid Nvidia’s stellar performance last week, which exceeded expectations.

With Nvidia’s generally upbeat quarterly third-quarter earnings report now in the books, investors are gauging the company’s fourth-quarter outlook. In its third-quarter review last week, Nvidia also provided fourth-quarter guidance of $37.

Nvidia (NASDAQ: NVDA) stuck to tradition when it reported third-quarter earnings last week. It's easy to understand why Nvidia has been delivering such excellent surprises to investors quarter after quarter.

The challenge for Nvidia now is living up to the market’s incredibly high expectations for future earnings–Wall Street expects 54% revenue growth in 2025.