Nvidia Shares Surge on Blackwell AI Chip Demand

Nvidia Shares Surge on Blackwell AI Chip Demand

1 minute read
Updated 10 hours ago

Market Performance

's stock hit a record high, closing at $138.07, fueled by strong demand for its Blackwell AI chips and positive analyst outlooks.

The company's market capitalization exceeded $3.4 trillion, making it the world's second-largest company, overtaking and trailing only .

Analyst and Industry Insights

Analysts have raised their price targets for Nvidia, with increasing theirs from $135 to $150, reflecting confidence in Nvidia's AI sector dominance.

describes Nvidia as a "generational opportunity" with a new price target of $190, citing its competitive lead and significant market potential.
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