U.S. Stock Movement | NVIDIA rises over 2%, stock price hits a new all-time high, total market value reaches $4 trillion
On Wednesday, NVIDIA rose more than 2%, closing at $163.54, setting a new historical high, with a total market value reaching $4 trillion. The record high in NVIDIA's stock price is partly related to the easing of market concerns over U.S. restriction policies. Recently, Loop Capital analyst Ananda Baruah raised NVIDIA's target price from $175 to $250, which corresponds to a market value of approximately $6 trillion. Additionally, Citigroup released a new report, raising NVIDIA's data center sales forecasts for fiscal years 2027 and 2028 by 5% and 11%, respectively, citing strong demand for autonomous AI as a driver for more expansion opportunities for NVIDIA
According to Zhitong Finance APP, on Wednesday, NVIDIA (NVDA.US) rose by more than 2%, closing at $163.54, setting a new historical high, with a total market value reaching $4 trillion. The new historical high of NVIDIA's stock price is partly related to the easing concerns in the market regarding U.S. restriction policies. Recently, Loop Capital analyst Ananda Baruah raised NVIDIA's target price from $175 to $250, which corresponds to a market value of approximately $6 trillion.
In addition, Citigroup released a new report, raising NVIDIA's data center sales forecasts for fiscal years 2027 and 2028 by 5% and 11%, respectively, citing strong demand for autonomous AI as a driver for more expansion opportunities for NVIDIA
