AI-driven surge puts Nvidia value at $3.92 trillion, topping global corporate charts.
Nvidia's stock soared today, briefly propelling the company to a historic market valuation of $3.92 trillion—making it the most valuable company in history, even if only momentarily . The surge was fueled by renewed investor enthusiasm for AI hardware, especially the new Blackwell series data-center chips.
This milestone coincided with Wall Street analysts significantly raising price targets across major semiconductor firms. Mizuho's Vijay Rakesh upgraded Nvidia from $170 to $185, calling its upcoming earnings season a pivotal moment .
Notably, analysts also raised ratings for AMD, Arm Holdings, Broadcom, Dell, and Intel, signaling broad confidence in AI-driven data center growth.
Investors will closely watch second-quarter reports for AI revenue trends. With US lifting export curbs on chip-design software and Nvidia’s dominance in that ecosystem, the company’s trajectory looks strong—but skepticism lingers over sustainability and potential overvaluation.
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