Nvidia Stock Hits New All-Time Highs: What's Driving The Record-Breaking Run?

Benzinga
2025.07.03 19:39
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Nvidia Corp's stock reached an all-time high of $159.34, with a market cap of $3.89 trillion, as U.S. stocks rallied due to strong labor market data. Experts predict Nvidia and Microsoft may hit $4 trillion this summer, driven by AI investments. Legislative support for chip manufacturers and strong technical indicators suggest continued growth for Nvidia, which comprises over 21% of the VanEck Semiconductor ETF. The stock has risen 12.8% over the past month, with a 52-week high of $160.98 and a low of $86.62.