Nvidia Stock Soars Near Record High: What's Driving the Rally?

Benzinga
2025.06.25 15:33
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Nvidia Corp's stock has surged 2.6% to $151.74, nearing an all-time high, recovering from a 17% drop in January. This rally is driven by easing U.S.-China trade tensions and a strong Q1 earnings report, with EPS of 81 cents on $44.06 billion revenue, a 69% YoY increase. Analysts are optimistic, raising price targets, with Truist at $210 and Rosenblatt at $200. Nvidia's stock is approaching a "golden cross," indicating potential for significant gains. Despite concerns over DeepSeek's military ties, investor focus remains on Nvidia's growth, outpacing competitors like Intel.