Nvidia (NASDAQ: NVDA) and other megacap tech stocks have driven the stock market's performance in recent years, but there are good reasons to believe that the expected falling-rate environment could be a big catalyst for real estate stocks.

Nvidia showed its powerful hold over Wall Street, and the stock's 8.2 percent rally helped drive the S&P 500 to its biggest intraday upswing in nearly two years. The index reversed a 1.6 percent loss to end the day up 1.

Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, one analyst says.

It's also worth noting Nvidia CEO Jensen Huang reassured investors this week about the state of AI adoption. During an interview at a technology conference, he noted the company was experiencing "incredible" demand for its AI processors. As the flag bearer for AI, this seems to suggest the trend has a long runway ahead.

The chip maker's shares have rallied this week after Oracle's strong earnings and bullish comments from CEO Jensen Huang eased investors' worries about AI demand.

Nvidia (NASDAQ:NVDA) is perhaps the most consequential semiconductor maker of our time. The high-performance chip maker has seen its valuation skyrocket in recent years, in large part due to hefty demand for the company's chips which power everything from AI to gaming,

Undoubtedly, Nvidia (NASDAQ: NVDA) has already seen its stock soar. As the chipmaker became the face of the artificial intelligence (AI) revolution, its share price rose, and it's now up by more than 600% since the beginning of 2023.