Nvidia's Stock Soars to Record High Amid AI Boom and Market Optimism

Nvidia shares hit record high on renewed AI optimism

Nvidia shares hit a record high on Wednesday, marking a turnaround for the chip company following a rocky start to the year marked by US-China tensions over critical artificial intelligence technology. The US chip designer's shares rose 4 per cent, surpassing an all-time high intraday price set in January, as it vies with Microsoft and Apple to be the world's most valuable company. The rally came as Nvidia chief executive Jensen Huang gave its annual shareholder meeting on Wednesday a bullish outlook on the company's ability to continue its explosive growth over the next decade, citing the "multitrillion-dollar opportunity" of AI and robotics. "We are at the beginning of a decade-long AI infrastructure build-out: demand for sovereign AI is growing around the world," Huang told shareholders. Nvidia has rebuilt the optimism around its stock, which was dented earlier this year when a breakthrough by China's DeepSeek led to concerns about the durability of Nvidia's dominant position in the global AI infrastructure market. That event wiped nearly $600bn from the company's market value. Its stock was also knocked after US President Donald Trump introduced new restrictions on Nvidia's China-specific H20 AI chips in his trade conflict with China this year. The move has closed off the company's access to the Chinese market, which the company says could reach $50bn in the coming years. Nvidia is considering a redesign to its Blackwell chips to continue to serve the China market while complying with the export controls. Daniel Newman, chief executive of the Futurum Group, said the rally is "about the ability of Nvidia to move as fast as it's moving". "Even though cloud providers like Amazon and Microsoft want to build their own vertically integrated AI infrastructure, right now there's no situation where the best technology stack isn't Nvidia," he said. Threats from competitors such as AMD to take market share for advanced AI chips did not matter "if it's a $400bn market in the next four years", he added. Nvidia has committed to an annual release of new AI chips and is positioning itself for the launch of Vera Rubin, which will follow its current- generation Blackwell systems that have seen massive demand, including from sovereign infrastructure deals with Saudi Arabia and the UAE. "Nvidia is riding a general chip wave," said G Dan Hutcheson, vice-president at TechInsights, with markets now recovering from the impact of Trump's "liberation day" tariffs and the DeepSeek breakthrough. "Nvidia was oversold because of both."

Nvidia hits record high as analyst predicts AI 'Golden Wave'

June 25 (Reuters) - Nvidia's (NVDA.O), opens new tab stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence. Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion, overtaking Microsoft (MSFT.O), opens new tab, which was last valued at $3.65 trillion following a 0.2% increase in its stock. Fueling Nvidia's latest rally, Loop Capital lifted its price target for the designer of high-end AI processors to $250 from $175, while maintaining its "buy" rating. "Our work suggests we are entering the next 'Golden Wave' of Gen AI adoption and NVDA is at the front-end of another material leg of stronger than anticipated demand," Loop Capital analyst Ananda Baruah wrote in a client note. Nvidia's latest gains reflect the U.S. stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia recently traded at about 30 times analysts' expected earnings for the next 12 months, below its average of about 40 over the past five years, according to LSEG data. That relatively modest price-to-earnings valuation reflects steadily increasing earnings estimates that have outpaced Nvidia's sizable stock gains. Nvidia, Microsoft and Apple (AAPL.O), opens new tab have traded places several times as the world's most valuable company over the past year, with Microsoft leading recently after overtaking Nvidia in early June. Apple's stock rose 0.4% on Wednesday, putting its value at $3.0 trillion. Nvidia has now rebounded over 60% from its closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. U.S. stocks, including Nvidia, have recovered on expectations the White House will reach trade deals to soften the tariffs. The S&P 500 technology sector index (.SPLRCT), opens new tab was last up 0.9% at an all-time high. It has now gained almost 6% in 2025. Reporting by Noel Randewich; Editing by Leslie Adler Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Business Noel Randewich Thomson Reuters San Francisco correspondent covering the stock market with a focus on Big Tech, semiconductors and other Silicon Valley companies

Nvidia shares head for record close as Wall Street shrugs off China concerns

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia shares rose nearly 3% on Wednesday and headed for a record close for the first time since January, as investors gain confidence that the company's leadership in artificial intelligence won't be dampened by Chinese export controls. The stock rose as high as $153.13 during the day, matching its prior intraday high. It's currently trading at $151.92, which would put it past its closing high of $149.43 on Jan. 6. Nvidia is now worth $3.7 trillion, making it the largest company in the world by market cap, slightly beating out Microsoft, one of its main customers. Apple is third at about $3 trillion. While Nvidia remains the clear leader in graphics processing units (GPUs) that are being used to build large language models and run AI workloads, the strength of this year's rally is surprising given that the company has said it's locked out of the world's second-biggest economy.

Nvidia's comeback sparks a rally in Asian chipmakers

Chip stocks in Asia rose Thursday, after artificial intelligence darling Nvidia's shares hit a record close to reclaim the title of the world's most valuable company. Shares of South Korea's SK Hynix, which supplies memory chips to Nvidia, gained 3.53%. TSMC, which manufactures Nvidia's high-performance graphics processing units that help power large language models, saw a smaller rise of 0.47%. Taiwan's Hon Hai Precision Industry -- also known as Foxconn -- was 0.77% higher. It has a strategic partnership with Nvidia to build "AI factories," that incorporate Nvidia's chips in a whole range of applications, including electric vehicles and LLMs. Several Japanese chip stocks not directly linked to Nvidia saw sharp gains. Semiconductor testing equipment supplier Advantest gained 3.93% to hit a record high. Japanese technology conglomerate Softbank, which owns a stake in British chip designer Arm, saw shares jump 4.38%. Tokyo Electron and Lasertec climbed 2.13% and 1.57%, respectively. Renesas Electron added 2.22%. Nvidia shares climbed over 4% on Wednesday stateside, closing at a new all-time high for the first time since January. The stock ended the session at $154.31, topping its previous record close of $149.43 from Jan. 6. With a market value of $3.77 trillion, Nvidia is now the most valuable company in the world, edging past Microsoft. The rally reflects growing investor confidence in the chipmaker's dominance in artificial intelligence, in spite of export restrictions to China. In April, the Trump administration implemented new regulations that blocked sales of Nvidia's H20 AI chip, which had been designed to comply with earlier restrictions. Nvidia said last month the move would result in an $8 billion hit to its sales, as well as a $4.5 billion inventory write-down.

Nvidia stock nears record close as tech stocks soar

Not too long ago, Nvidia looked like it had lost momentum. After peaking in January, the AI chipmaker's stock slid hard -- dragged down by U.S. trade restrictions, intensifying competition from China, and a broader tech pullback. At one point in April, shares had fallen nearly 40% from their highs, bottoming out just above $94. Now? Nvidia shares are doing better than ever. On Wednesday, Nvidia stock rose more than 3%, extending a rally that has sent shares soaring over 12% in the past month and over 10% year-to-date. If the company closes at or near current levels -- around $152.56 -- it would mark a record, topping January's $149.43 all-time closing high. The rebound has been so dramatic that Nvidia briefly dethroned Microsoft this month to become the world's most valuable public company. The inflection point came in late May when the company posted a blowout first-quarter earnings report that beat expectations across the board, even after factoring in a $2.5 billion hit from U.S. export bans to China. CEO Jensen Huang has reaffirmed that the global appetite for AI chips is still expanding, despite geopolitical roadblocks. And demand has been bolstered by international partnerships, including deals to sell hundreds of thousands of GPUs to Saudi Arabia and the UAE. Investors have listened. Loop Capital this week raised its price target to $250, a Wall Street high. "It may seem fantastic that Nvidia's fundamentals can continue to amplify from current levels," Loop analyst Ananda Baruah wrote in a note, "but we remind folks: Nvidia remains essentially a monopoly for critical tech, and it has pricing (and margin) power." The firm projects the AI chip market could reach $2 trillion by 2028 and sees Nvidia's valuation potentially climbing from $3.6 trillion today to $6 trillion. Not even recent reports that Huang is selling shares -- part of a prearranged plan to offload more than $800 million worth of Nvidia stock -- have rattled investors. The broader tech trade is also working in Nvidia's favor. Bank of America says tech stock inflows last week hit their highest level in a year, helping lift the entire chip sector. Intel, AMD, and Broadcom all notched 3%-plus gains on Tuesday, while the Nasdaq 100 and Nasdaq Composite both closed at multimonth highs. Of course, risks remain. Micron's earnings -- due after the bell on Wednesday -- could move the market, especially if the memory supplier shows signs of stress. Nvidia relies on high-bandwidth memory to power its top-end GPUs, and any sign of a supply squeeze or pricing dip could weigh on the stock. And while demand has remained strong, there are still questions about whether Big Tech's breakneck AI investment can keep up with investor expectations. The real test, however, may come in August, when Nvidia reports second-quarter earnings. Analysts are bracing for a clearer look at how China's export losses and continuing competitive threats are weighing on margins -- even as the U.S. and its allies work to stem China's semiconductor ambitions. In mid-June, Taiwan barred key companies from selling advanced chips and manufacturing tools to Huawei, SMIC, and other Chinese firms, tightening a chokehold already reinforced by U.S. export bans. But the pressure cuts both ways: Chinese companies have been accelerating the development of homegrown AI chips, threatening Nvidia's long-term dominance in one of its largest markets. Still, few companies have been able to defy gravity quite like Nvidia. In three months, the company has bounced from a 52-week low to the brink of a record close. For now, at least, Wall Street seems to believe that the AI chip king is still firmly in control -- and that its comeback is far from finished.

Nvidia's Climb Puts Stock on Track to Set New High

The bank expects the AI market to reach $1 trillion by 2030, with Nvidia a "key beneficiary." Nvidia (NVDA) shares climbed in Wednesday afternoon trading, putting them on pace for a record close and helping the chipmaker reclaim the title of most valuable company by market value. The chipmaker's stock was up close to 3% in recent trading near $152, which would be its highest closing price ever, if the stock can sustain that level. It rose as high as $153 earlier in the session, just short of an intraday high of $153.13 set in January. The gains pushed Nvidia's market capitalization to a whopping $3.71 trillion, surpassing Microsoft's (MSFT) at $3.65 trillion. Bank of America analysts told clients Tuesday they believe Nvidia "remains the undisputed leader in performance" among semiconductor firms as the AI market accelerates. The bank expects the AI market to reach $1 trillion by 2030, with Nvidia a "key beneficiary." One facet of Nvidia's market opportunity is in growing sovereign AI demand, with BofA expecting "every major country" to invest in sovereign AI, "generating high-tech employment, and serving critical healthcare, defense, industrial, financial and cyber needs." Earlier this month, CEO Jensen Huang announced multiple sovereign AI partnerships during a European tour. Oppenheimer analysts recently estimated the global sovereign AI market could reach $1.5 trillion, including $120 billion in Europe.

Nvidia Stock Climbs to All-Time High Wednesday

The chipmaker's stock was up close to 4% in recent trading near $154, topping an intraday high of $153.13 set in January. It would be the stock's highest closing price ever, if the stock can sustain that level. The gains pushed Nvidia's market capitalization to a whopping $3.75 trillion, surpassing Microsoft's (MSFT) at $3.65 trillion. Nvidia CEO Jensen Huang reportedly said at the company's annual shareholder meeting Wednesday that he believes there are "many growth opportunities across our company, with AI and robotics the two largest, representing a multitrillion-dollar growth opportunity." Bank of America analysts told clients Tuesday they believe Nvidia "remains the undisputed leader in performance" among semiconductor firms as the AI market accelerates. The bank expects the AI market to reach $1 trillion by 2030, with Nvidia a "key beneficiary." One facet of Nvidia's market opportunity is in growing sovereign AI demand, with BofA expecting "every major country" to invest in sovereign AI, "generating high-tech employment, and serving critical healthcare, defense, industrial, financial and cyber needs." Earlier this month, Huang announced multiple sovereign AI partnerships during a European tour. Oppenheimer analysts recently estimated the global sovereign AI market could reach $1.5 trillion, including $120 billion in Europe.

Nvidia hits record high as analyst predicts AI 'Golden Wave'

Nvidia's latest gains reflect the US stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia recently traded at about 30 times analysts' expected earnings for the next 12 months, below its average of about 40 over the past five years, according to LSEG data. Nvidia's stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence. Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion, overtaking Microsoft, which was last valued at $3.65 trillion following a 0.2% increase in its stock. Fueling Nvidia's latest rally, Loop Capital lifted its price target for the designer of high-end AI processors to $250 from $175, while maintaining its "buy" rating. "Our work suggests we are entering the next 'Golden Wave' of Gen AI adoption and NVDA is at the front-end of another material leg of stronger than anticipated demand," Loop Capital analyst Ananda Baruah wrote in a client note. Nvidia's latest gains reflect the US stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia recently traded at about 30 times analysts' expected earnings for the next 12 months, below its average of about 40 over the past five years, according to LSEG data. That relatively modest price-to-earnings valuation reflects steadily increasing earnings estimates that have outpaced Nvidia's sizable stock gains. Nvidia, Microsoft and Apple have traded places several times as the world's most valuable company over the past year, with Microsoft leading recently after overtaking Nvidia in early June. Apple's stock rose 0.4% on Wednesday, putting its value at $3.0 trillion. Nvidia has now rebounded over 60% from its closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. U.S. stocks, including Nvidia, have recovered on expectations the White House will reach trade deals to soften the tariffs. The S&P 500 technology sector index was last up 0.9% at an all-time high. It has now gained almost 6% in 2025.

Nvidia stock jumps nearly 3% -- breaking January high -- can NVDA keep climbing after Micron earnings today?

Nvidia stock surged nearly 3% to a record high of $152.97, breaking its previous January peak. Investors are excited as AI demand continues to skyrocket, and all eyes are on Micron's earnings tonight, which could shape Nvidia's next big move. Analysts are bullish, with fresh price targets and sky-high expectations for Nvidia's role in the future of AI data centers. With Nvidia leading the AI chip space and climbing technical charts, the momentum looks strong -- but can it last?Nvidia stock hits record high -- Will it stay there? Nvidia (NVDA) stock opened at a new all-time high on Wednesday, pushing past its previous January record. But what's really fueling this surge -- and can it keep the momentum going? Nvidia stock surged more than 2.6% in early Wednesday trading, crossing above its previous record close of $149.43 set back in January. It opened at $149.28 and climbed to a fresh intraday high of $152.97, a clear signal of investor confidence. What's behind this bullish run? Several key catalysts are converging at once. Also Read: US stock market today: Nasdaq jumps, S&P 500 nears record, and Dow climbs -- Nvidia surges as Fed cut hopes Middle East truce One major driver behind Nvidia's rally today is anticipation around Micron's (MU) quarterly earnings, expected after the market closes. Why does that matter for Nvidia? Micron produces high-bandwidth memory (HBM) chips -- crucial components used in Nvidia's advanced AI accelerators. If Micron posts strong results and outlook, it could be a green light for ongoing AI hardware demand, signaling robust growth for the entire AI supply chain, including Nvidia. Investors are watching closely. A solid Micron report could reinforce the belief that Nvidia's explosive AI growth story still has legs. Yes -- and they're becoming more aggressive in their projections. Loop Capital just raised its Nvidia price target from $175 to $250, pointing to what it calls a "$2 trillion AI data center opportunity" by 2028. That level of market expansion could propel Nvidia's market cap toward a staggering $6 trillion, according to analysts. With Nvidia already dominating the AI chip space, analysts believe it's positioned to benefit more than any other tech giant from this next wave of digital infrastructure spending. From a charting perspective, technical analysts are also turning heads. Nvidia is breaking out of a 25-week consolidation pattern, and it's quickly approaching a key buy point at $153.13. If it breaks and holds above that level, it could set off a new leg higher -- potentially inviting even more momentum-driven investors to join in. Beyond chips, Nvidia's DGX Cloud service is becoming a powerful growth engine. It enables enterprises to run complex AI workloads through cloud-based Nvidia infrastructure -- a service that's gaining popularity in sectors like healthcare, finance, and manufacturing. This cloud push, combined with Nvidia's unmatched lead in AI GPUs, is turning the company into a full-stack AI powerhouse, not just a chipmaker. Yes -- despite the hype, a few key risks remain: The biggest near-term event is Micron's earnings report, which could set the tone for Nvidia and the broader semiconductor sector. A strong beat could confirm AI-related demand remains white-hot. A miss, however, might trigger sector-wide pullbacks. Also, keep an eye on Nvidia's price movement around the $153.13 breakout level. A strong close above that point could unlock a new bullish chapter. Nvidia is back in record territory, powered by unmatched dominance in AI, bullish analyst projections, and strong technical signals. If Micron delivers tonight -- and macro headwinds remain quiet -- Nvidia could be on the verge of another breakout. But in a high-valuation, high-expectation environment, even this AI titan needs to keep proving it can deliver. For now, though, Wall Street is clearly betting that Nvidia's AI engine is just getting started. Q1: Why is Nvidia stock at a record high today? Nvidia stock jumped on strong AI demand and hopes for a positive Micron earnings report. Q2: Can Nvidia stock keep rising after Micron's earnings? Yes, if Micron shows strong AI-related growth, it could push Nvidia even higher.

Nvidia share price: Nvidia stocks jump to record high, AI chip giant becomes more valuable than Microsoft, Apple

Nvidia share price touched record as market valuation crossed $3.7 trillion. The AI giant is more valuable than Microsoft, and Apple.Nvidia surged to a fresh record amid continued artificial intelligence bullishness even as US Stock market indexes finished mixed on Wednesday. The broad-based S&P 500 was flat at 6,092.16, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 19,973.55. The Dow Jones Industrial Average finished down 0.3 per cent at 42,982.43. Nvidia share price shot up 4.3 per cent to $154.31 giving it a market valuation of around $3.76 trillion -- more valuable than Microsoft, Apple and other tech giants. The rise came as CEO Jensen Huang presented the company's latest technologies at Nvidia's annual meeting, AFP reported. Among other companies, FedEx fell 3.3 per cent after the shipping company did not provide a full-year forecast, citing uncertainty about the global trade outlook and tariffs. Tesla dropped 3.8 per cent after the company's car sales sank again in Europe last month, the latest poor result from Elon Musk's company in the region. General Mills dropped 5.1 per cent on disappointment over the company's forecast. The food giant expects a drop of 10 to 15 per cent in operating profit. But large banks had a good day with JPMorgan Chase and Citigroup winning one percent or more as the Federal Reserve proposed easing capital rule requirements. The mixed session followed two strong days for equities after conditions in the Middle East stabilized on Monday and Tuesday, with Iran and Israel agreeing to a ceasefire. "Investors are sort of catching their breath, since we had a very strong move on Monday and Tuesday," said Sam Stovall, chief investment officer at CFRA Research. Stovall also noted that markets are approaching new all-time highs and "usually it takes a couple of attempts" before breaking through. Q1. Which are top three indexes of US Stock Market? A1. Top three indexes of US Stock Market are S&P 500, Nasdaq, Dow Jones. Q2. What is share price of Nvidia? A2. Nvidia share price shot up 4.3 percent to $154.31.

Nvidia rockets to record high, reclaims title of world's most valuable company

Nvidia's stock soared to a record high on Wednesday, propelling it past Microsoft to become the world's most valuable company. This surge was fueled by an analyst's prediction of a "Golden Wave" of AI adoption, with Loop Capital raising its price target for Nvidia. The resurgence of the "AI trade" has boosted chip stocks, reflecting optimism about the technology's potential. Nvidia's stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence. Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion, overtaking Microsoft, which was last valued at $3.65 trillion following a 0.2% increase in its stock. Fueling Nvidia's latest rally, Loop Capital lifted its price target for the designer of high-end AI processors to $250 from $175, while maintaining its "buy" rating. "Our work suggests we are entering the next 'Golden Wave' of Gen AI adoption and NVDA is at the front-end of another material leg of stronger than anticipated demand," Loop Capital analyst Ananda Baruah wrote in a client note. Nvidia's latest gains reflect the U.S. stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia recently traded at about 30 times analysts' expected earnings for the next 12 months, below its average of about 40 over the past five years, according to LSEG data. That relatively modest price-to-earnings valuation reflects steadily increasing earnings estimates that have outpaced Nvidia's sizable stock gains. Nvidia, Microsoft and Apple have traded places several times as the world's most valuable company over the past year, with Microsoft leading recently after overtaking Nvidia in early June. Apple's stock rose 0.4% on Wednesday, putting its value at $3.0 trillion. Nvidia has now rebounded over 60% from its closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. U.S. stocks, including Nvidia, have recovered on expectations the White House will reach trade deals to soften the tariffs. The S&P 500 technology sector index was last up 0.9% at an all-time high. It has now gained almost 6% in 2025.

Nvidia Stock Soars Near Record High: What's Driving the Rally? - NVIDIA (NASDAQ:NVDA)

NVIDIA Corp NVDA is continuing its remarkable run Wednesday, with shares climbing 2.6% to $151.74, near a new all-time high. The stock's recent run completes a full recovery from a 17% drop in January, initially sparked by fears that China's DeepSeek AI could challenge Nvidia's market dominance. What To Know: Nvidia's rebound in recent weeks has been fueled by a significant easing in U.S.-China trade tensions and a stellar first-quarter earnings report on May 28. The company announced earnings per share of 81 cents on a staggering $44.06 billion in revenue, a 69% year-over-year increase, blowing past analyst expectations and reaffirming its leadership in the AI chip sector. Adding to the bullish sentiment, Nvidia's stock is on the verge of a "golden cross," a technical pattern where the 50-day moving average surpasses the 200-day average, often signaling a sustained uptrend. Historically, this pattern has preceded massive rallies in Nvidia's stock, with past occurrences leading to triple and even quadruple-digit percentage gains. Read Also: HCLTech, AMD Partner To Power Next-Gen Enterprise AI And Cloud Adoption Despite recent allegations that DeepSeek has been supplying Nvidia's advanced chips to China's military, circumventing U.S. export controls, investors remain focused on the company's explosive growth, which continues to vastly outpace competitors like Intel Corp. Analyst Updates: Following its strong earnings report, Wall Street has shown overwhelming confidence in Nvidia's continued growth. In a flurry of updates on May 29, numerous firms reiterated their positive ratings and raised price targets. Notably, Truist Securities increased its target to $210, and Rosenblatt lifted its target to $200. The bullish sentiment has continued into June, with Barclays raising its price target to $200 on June 17 while maintaining an "Overweight" rating. The vast majority of analysts maintain a "Buy" or equivalent rating, with many price targets suggesting a potential upside of 15% to over 35% from its current highs. According to data from Benzinga Pro, NVDA has a 52-week high of $153.13 and a 52-week low of $86.62. Read Also: Alibaba Accelerates Global AI Push, Targets Overseas Data Centers How To Buy NVDA Stock Besides going to a brokerage platform to purchase a share - or fractional share - of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in NVIDIA's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. Image: Shutterstock NVDANVIDIA Corp$152.172.89%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum70.43Growth98.65QualityNot AvailableValue7.07Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Nvidia Shares Hit All-Time High as Companies Add AI Infrastructure | PYMNTS.com

The rise took the company's market cap to about $3.75 trillion, making it the world's most valuable company, ahead of Microsoft, CNBC reportedWednesday. The increase in Nvidia shares was driven by the company's latest earnings results, which showed robust growth and potential for future strength, according to the Bloomberg report. While Nvidia faces restrictions on selling advanced semiconductors in China, the company also has big customers like Microsoft, Meta, Alphabet and Amazon that are aggressively building artificial intelligence infrastructure, the report said. The company's stock price has risen 14% this year after rising 170% last year and leaping 240% in 2023, per the report. Wall Street remains optimistic about the stock because it is showing both high growth and a reasonable multiple, the report said. In a presentation released in conjunction with a shareholder meeting held Wednesday, Nvidia reported that its fiscal year 2025 revenue was up 114% year over year. At the meeting, Nvidia CEO Jensen Huang said that in addition to AI, the company sees opportunities for growth in robotics, beginning with self-driving cars, according to the CNBC report. "We have many growth opportunities across our company, with AI and robotics the two largest, representing a multitrillion-dollar growth opportunity," Huang said, per the report. Huang added that the business unit that includes automotive and robotics was up 72% on an annual basis and accounted for 1% of the company's total revenue in the latest quarter, the report said. Together with its AI chips, Nvidia has increasingly been offering related products like software, a cloud service and networking chips, according to the report. Huang said in the shareholder meeting that Nvidia no longer thinks of itself as a "chip company" but rather as a provider of "AI infrastructure" or "computing platform," per the report. During a May 28 earnings call, Huang said Nvidia is pushing ahead with AI infrastructure projects worldwide to meet soaring demand for AI workloads. "The age of AI is here, from AI infrastructures, inference at scale, sovereign AI, enterprise AI and industrial AI," Huang said. "Nvidia is ready."

Nvidia shares hit record high as Wall Street shakes off anxiety about...

Nvidia shares were on track to close at an all-time high on Wednesday as Wall Street investors shook off fears that US limits on chip exports to China would hurt the company's business. Led by CEO Jensen Huang, the AI chip giant's stock rose 4% to nearly $154 per share in Wednesday trading. Nvidia's previous all-time closing high was $149.43, which was achieved last Jan. 6 following President Trump's election win. The stock is up about 11% since the start of the year. The surge pushed its market cap to $3.75 trillion, establishing Nasdaq-listed Nvidia as the world's most valuable company. Microsoft, a key Nvidia customer, ranked second at $3.65 trillion, followed by Apple at approximately $3 trillion. The rally has occurred despite lingering investor anxiety about President Trump's move earlier this year to slap fresh export controls on Nvidia's shipments to China. The restrictions halted shipments of Nvidia's H20 chips - which had been the only AI processors it could legally export to the country. In May, Nvidia told investors it would lose $8 billion in expected sales from China. Huang himself has grumbled that the "$50 billion China market is effectively closed to US industry." However, overall demand for Nvidia's chips remains strong. On Wednesday, Loop Capital analyst Ananda Baruah raised his price target on Nvidia stock to $250 - which, if achieved, would push its market cap to an unprecedented $6 trillion over time. "While it may seem fantastic that NVDA fundamentals can continue to amplify from current levels, we remind folks that NVDA remains essentially a monopoly for critical tech, and that it has pricing (and margin) power," Baruah said in a note to clients. For the full year, Wall Street expects Nvidia's revenue to surge 53% to nearly $200 billion, according to LSEG data. Nvidia shares popped despite mixed results for Wall Street's main indexes. The Nasdaq was up about 60 points, or 0.31%, while the broad-based S&P 500 was flat and the Dow Jones Industrial Average was slightly in the red. The firm dominates the market for advanced computer chips needed to power energy-guzzling artificial intelligence models. Aside from Microsoft, Nvidia's customers include the likes of Sam Altman's OpenAI, Elon Musk's xAI and Mark Zuckerberg's Meta. The Santa Clara, California-based firm also held its shareholder meeting on Wednesday.