What's Going On With Nvidia Stock?

Benzinga
2025.06.04 21:38
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Nvidia Corporation's shares rose 0.5% to $141.92, driven by the announcement of its Blackwell architecture, which achieved over 2x performance compared to previous models. The company reported $44.1 billion in revenue for Q1, a 69% increase year-over-year. Analysts maintain Nvidia as a top pick, with price targets ranging from $135 to $210. The semiconductor sector also saw gains following GlobalFoundries' $16 billion U.S. chip expansion plan. Nvidia's stock has increased 21% in the past month, reflecting strong investor confidence in AI demand.