Nvidia’s stock hit a new record high on Monday, closing up 4.14% at $143.71 per share, driven by growing demand for AI technologies. The stock has surged 198% this year, and after-hours trading saw it climb even further. Bank of America raised its price target for Nvidia to $190, citing the company’s strong position in the AI market. Nvidia’s success comes on the heels of strong earnings from Taiwan Semiconductor, which also boosted investor confidence. Nvidia is becoming a top choice for AI-driven enterprise solutions.
