Nvidia Corp. ($NVDA) Extends Rally as AI Frenzy Fuels Record Valuation

Nvidia shares surged toward unprecedented highs as Wall Street analysts revised price targets upward, citing insatiable demand for AI chips. The stock now eyes a $240–$275 range following the company's $4 trillion market cap milestone and strategic partnership with OpenAI. Revenue growth skyrocketed 56% year-over-year, driven by Blackwell GPU adoption across data centers and generative AI applications.

Despite mounting competition from AMD, Nvidia maintains a stranglehold on the AI accelerator market with over 90% share. Its GPUs have become the backbone of the artificial intelligence revolution—powering everything from large language models to autonomous systems. The $4.58 trillion valuation cements Nvidia's position as the world's most valuable company, eclipsing tech giants Apple and Microsoft.