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Nvidia Hits First Record Since May as Value Nears $6 Trillion

Original: nvda

Nvidia's stock has climbed to a record high for the first time since May, pushing the company's market value close to $6 trillion. The rally comes as BNP Paribas raised its price target on the chipmaker, citing a positive outlook for AI computing power demand, even as the bank kept a wait-and-see stance on Intel despite lifting its target. Investors remain focused on whether AI-driven chip demand can sustain the valuation.

Why now: Nvidia reaching a record share price and approaching a $6 trillion market value is a major milestone drawing investor attention.

NvidiaIntelBNP ParibasBloomberg

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Evidence

• Nvidia Hits First Record Since May as Value Nears $6 Trillion · Bloomberg.com
• Positive Outlook for AI Computing Power Demand: BNP Paribas Raises Price Targets for NVIDIA (NVDA.US) and Intel (INTC.US), but Maintains Wait-and-See Stance on the Latter · Moomoo

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