Stocks
Nvidia Stock Soars to New High Amid AI Boom
Nvidia's stock price reached an all-time high of $236.57 this week, extending its rally that has turned the chipmaker into one of the standout stories of the current market cycle.
The move puts Nvidia stock performance back in the spotlight just as Wall Street weighs how much further the AI-driven run can go.
Cantor Fitzgerald reiterated an Overweight rating and a $350 price target following investor meetings with CEO Jensen Huang in New York City.
The semiconductor sector is expected to grow at 18% yearly from 2026 through 2030, according to Bank of America's upgraded outlook, which offers useful context for Nvidia's own trajectory.