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Can It Return to $236 All-Time High Amid AI ‘Round-Tripping’ Controversy?

Can It Return to $236 All-Time High Amid AI ‘Round-Tripping’ Controversy?

TradingKey – As of the close on August 3, Eastern Time, Nvidia ( NVDA) shares closed at $206.64, up 2.93%, but remained about 13% off its all-time high of $236.54.

Nvidia’s year-to-date gain is about 10.75%, while over the same period Amazon ( AMZN) rose over 20%, Google ( GOOGL) gained about 19.41%, and Apple ( AAPL) rose 11.52%. As the core play in the AI rally, Nvidia’s relative performance among the ‘Magnificent Seven’ is no longer in the lead.

Company Name

Ticker

2026 Year-to-Date (YTD) Change

Nvidia

NVDA

10.75%

Apple

AAPL

11.52%

Alphabet

GOOGL/GOOG

19.41%

Amazon

AMZN

23.01%

Meta Platforms

META

-10.39%

Microsoft

MSFT

0.80%

Tesla

TSLA

-28.43%

Why Nvidia’s Stock Price Has Stopped Rising?

In mid-May, the company’s shares rallied for seven consecutive trading…

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