Nvidia hits fresh record close as AI optimism fuels rally

1 min read
Source: TipRanks
Nvidia hits fresh record close as AI optimism fuels rally
Photo: TipRanks
TL;DR

Nvidia (NVDA) shares rose 2% to $219.44, delivering a fresh record close as AI enthusiasm and a rally in chip names lift the stock ahead of its May 20 earnings; the four-day gain season has pushed Nvidia’s market cap to about $5.33 trillion, with analysts leaning Strong Buy and a target near $274 as upside potential.

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