Nvidia share price hit a new all-time high, surging to $154.31 during Wednesday’s trading session, capping off a powerful rally driven by relentless demand for AI infrastructure. The chipmaker briefly topped $154.45, setting its highest intraday record ever.
📈 Why Nvidia’s Share Price Is Soaring
1. AI-Fueled Growth
Analysts call it a “golden wave” of generative AI adoption. Companies across every sector are investing in AI—and Nvidia is the top supplier of the chips that power it all.
- Loop Capital raised its price target to $250 (from $175), citing surging demand for Nvidia’s Blackwell and Hopper GPUs.
- AI software firms like OpenAI, Anthropic, and Meta continue scaling infrastructure based on Nvidia hardware.
2. Market Cap Milestone
Nvidia’s rally boosted its market capitalization to $3.77 trillion, briefly making it the most valuable public company in the world, ahead of Microsoft and Apple.
3. Investor Confidence Despite Headwinds
Despite export restrictions to China (impacting ~$8 billion in revenue), investors trust Nvidia’s global dominance in AI computing.
- P/E ratio remains stable around 30x forward earnings—modest for a hypergrowth tech leader.
🧠 Technical Indicators Signal Bullish Momentum
Nvidia’s chart shows:
- A “golden cross” in progress, where the 50-day moving average is set to cross above the 200-day MA.
- Breakout from a rising wedge, signaling upside momentum.
- Up nearly 15% year-to-date, and 60% above April lows.
These patterns suggest continued investor enthusiasm.
🔍 Analyst Ratings & What’s Next
- 87% of analysts rate NVDA a “Buy”.
- Consensus price targets range from $173 to $250, with Loop Capital and JPMorgan among the most bullish.
- Next catalysts:
- Micron’s earnings (a key Nvidia supplier)
- Potential easing of US chip export rules to China
- Q2 earnings due in August 2025
