NVIDIA's stock price is approaching its all-time high following a $2 billion investment in IREN, a rapidly expanding Bitcoin mining company in the AI data center industry. This move is part of NVIDIA's broader strategy to invest heavily in the neocloud sector, with previous investments in companies like Nebius and CoreWeave. These investments have already proven profitable, with CoreWeave's stock reaching its highest point since October 2025. The stock has formed a cup-and-handle pattern, suggesting potential further gains. Analysts expect NVIDIA's revenue to rise by 78% in the first quarter, reaching nearly $80 billion, with projections of $400 billion for the year. The company's growth momentum is driven by its strategic investments and upcoming product launches, such as the Rubin chips, which are anticipated to boost demand from hyperscalers and neocloud companies.