NVIDIA Soars to New High Amid AI Infrastructure Boom

NVIDIA Corporation (NASDAQ:NVDA) has reached a new 52-week high of $237.73 per share, with a trading volume of 21.56 million shares.

This milestone comes amidst positive sentiment from analysts and investors, who have been upgrading their growth expectations for the company.

NVIDIA's expansion into AI infrastructure continues to gain traction, with Morgan Stanley naming it its top semiconductor pick again, maintaining an Overweight rating and a $300 price target.

The firm also recently declared a quarterly dividend of $0.25 per share, paid on October 1st to stockholders of record on September 10th.