Stocks
Nvidia Stock Soars to New All-Time High Amid AI Boom
Nvidia's stock performance has reached an all-time high of $236.57, with the company's shares up over 30% in the past six months and 25.98% over the past year.
The surge is attributed to a combination of factors, including data-center demand and new product rollouts, which have kept institutional money flowing into the company.
Cantor Fitzgerald has reiterated an Overweight rating on Nvidia's stock, with a price target of $350.00, citing the company's continued growth trajectory in the AI infrastructure market.
The semiconductor sector as a whole is expected to see 18% annual growth from 2026 through 2030, according to Bank of America, which could further boost Nvidia's stock performance.