NVIDIA stock reached a record high of $153.19 during Wednesday trading. CEO Jensen Huang began selling shares under a new plan that allows him to sell more than $800 million worth of company stock before the year ends. The semiconductor company faced major losses earlier when investors worried about demand for its AI chips after the DeepSeek selloff cost the firm nearly $600 billion in value during January. Huang sold $7.2 million in shares on the 20th and another $7.1 million on the 23rd of this month. The stock jumped 3.8 percent on Wednesday and has gained 10.9 percent for the year.
The company recovered from a 31.8 percent decline that hit bottom in early April after Liberation Day tariff announcements. AI demand and humanoid robot development have pushed shares higher throughout 2025. NVIDIA continues adapting its strategy for selling advanced AI chips to China due to ongoing US government restrictions. Several hedge funds believe the company has moved past all negative factors that previously hurt the stock price. Mizuho analyst Jordan Klein said investors expect strong results when NVIDIA reports earnings in August.
Loop Capital set a $250 price target for NVIDIA shares, the highest on Wall Street. This target suggests the company could reach a $6 trillion market value. NVIDIA currently has a market cap of about $3.75 trillion, which exceeds Microsoft and Apple. Huang has become one of the world's richest people with an estimated net worth of $126 billion. The stock has surged an incredible 1,579 percent over the past five years.
The company recovered from a 31.8 percent decline that hit bottom in early April after Liberation Day tariff announcements. AI demand and humanoid robot development have pushed shares higher throughout 2025. NVIDIA continues adapting its strategy for selling advanced AI chips to China due to ongoing US government restrictions. Several hedge funds believe the company has moved past all negative factors that previously hurt the stock price. Mizuho analyst Jordan Klein said investors expect strong results when NVIDIA reports earnings in August.
Loop Capital set a $250 price target for NVIDIA shares, the highest on Wall Street. This target suggests the company could reach a $6 trillion market value. NVIDIA currently has a market cap of about $3.75 trillion, which exceeds Microsoft and Apple. Huang has become one of the world's richest people with an estimated net worth of $126 billion. The stock has surged an incredible 1,579 percent over the past five years.
