Nvidia Hits Record High as AI “Golden Wave” Approaches

Nvidia Hits Record High as AI “Golden Wave” Approaches

  • Nvidia Hits Record High : Nvidia’s stock surged 4% to a record $154.10, making it the world’s most valuable company at $3.76 trillion — overtaking Microsoft ($3.65 trillion).
  • Loop Capital raised its target price for Nvidia from $175 to $250, citing an upcoming “Golden Wave” of AI adoption.
  • The rally is fueled by strong AI chip demand, making Nvidia the frontrunner of the Gen AI boom.
  • Nvidia is now trading at roughly 30 times its expected earnings , down from its five‑year average of 40 times.
  • Its market value has jumped over 60% since early April, when the stock was impacted by Trump’s global tariff announcements.
  • The S&P 500 tech sector hit an all‑time high, gaining nearly 6% this year, fueled by AI enthusiasm.

Nvidia, Microsoft, and Apple have exchanged positions as the most valuable company multiple times in the past year (Nvidia Hits Record High).

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