The YieldMax NVDA Option Income Strategy ETF (NVDY) closed up 2.61% at $23.96 on December 23, as Nvidia's stock surged 3.44% to $139.34, driven by strong market sentiment and positive analyst outlooks. Nvidia's recent gains are attributed to its robust product cycle, particularly the Blackwell series, which is expected to drive significant growth in 2025. Cantor Fitzgerald and Morgan Stanley have reiterated their bullish stance on Nvidia, citing its potential for continued strength in AI infrastructure and a favorable setup for hyperscale spending. Additionally, Bank of America highlighted Nvidia's role in the AI semiconductor space, projecting a 15% growth in semiconductor sales next year. The optimism is further supported by Nvidia's strategic positioning in the GPU market, with expectations of exponential performance growth and increased demand for AI hardware.