NVIDIA Stock Surges 2.3% on SpaceX Partnership

NVIDIA Corporation (NASDAQ:NVDA) saw its stock price rise by 2.3% on Friday, reaching as high as $224.76 and closing at $223.96.

The trading volume was approximately 104,819,579 shares, a decline of 36% from the average daily volume of 162,776,828 shares.

The company's partnership with SpaceX has been seen as a positive development for NVIDIA, as it reinforces demand for its hardware in the AI market.

Analysts remain bullish on NVIDIA, citing surging AI demand and strong cash flow as key drivers of growth. The stock currently has an average rating of 'Buy' from analysts, with a median price target of $308.50.