Nvidia Stock Hits Yearly High on Nasdaq

Nvidia's stock price has reached its yearly high of USD 237.88 on Nasdaq, although it is currently trading at USD 233.95, which is 1.65 percent below this mark.

The company's market capitalization has surpassed USD 5.7 trillion, while the shares have increased by 1.34 percent from the prior session.

Nvidia has recently announced an additional share repurchase program of USD 150 billion, which will run through fiscal 2028 and support the company's stock narrative.

The quarterly growth remains a crucial test for Nvidia, as it reported revenue of USD 96.221 billion in fiscal Q2 2027, up 106 percent from the prior year.