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Nvidia’s $120B AI Deal Surge Nears All-Time Highs Amid 56% Revenue Growth

Nvidia’s $120B AI Deal Surge Nears All-Time Highs Amid 56% Revenue Growth

Author:

Global Cryptocurrency

Published:

2025-10-24 10:55:39

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BTCCSquare news:

Nvidia shares hovered between $180-$182 on October 22, 2025, approaching their $195 peak as $120 billion in new AI deals—including a $100B OpenAI pact and $2B xAI commitment—propelled the chipmaker's valuation to $4.4 trillion. Q2 FY2026 revenue jumped 56% YoY to $46.7 billion, with data-center GPUs driving 88% of sales.

Wall Street maintains bullish $210-$220 price targets despite 50x forward P/E concerns, as structural demand for AI infrastructure cements Nvidia's dominance. The stock's 58% YTD gain reflects what analysts now call 'the new oil rush' of computational power.

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