Nvidia stock hits record highs with booming AI business and projected revenue growth

From Yahoo Finance: 2025-07-01 08:00:00

Nvidia’s stock has surged over 80% from April lows to become the world’s most valuable company with a $3.85 trillion market cap, hitting a record high above $158. Despite being locked out of China’s $50 billion market, Nvidia’s AI infrastructure business is booming, with 69% revenue growth and a projected 53% increase for fiscal 2026.

Wedbush’s Dan Ives predicts Nvidia will hit $5 trillion within 18 months, driven by AI and robotics opportunities. The chip giant is capitalizing on sovereign AI investments worldwide, with governments and cloud providers seeking AI sovereignty. Nvidia is expanding partnerships in Europe, the Middle East, and Asia as countries prioritize local AI infrastructure.

Nvidia’s new reasoning models like DeepSeek are creating up to 20 times more market opportunities for GPU compute, benefiting its latest Blackwell architecture. The chip maker’s integrated approach combining GPUs, networking, and software is differentiating it in complex AI workloads. With approximately 100 AI factories under construction globally, Nvidia is positioning itself as the platform of choice for training and inference.

Nvidia stock has surged 31,000% in the last decade, returning 28% to shareholders in the last 12 months. Analysts are overwhelmingly bullish on NVDA stock, with an average target price just below $177, 12% above the current price. As the AI market matures, Nvidia’s ability to support diverse workloads across its ecosystem is becoming increasingly valuable compared to specialized ASIC solutions.



Read more at Yahoo Finance: Is Nvidia Stock a Buy at New Record Highs?