NVIDIA Stock Price Forecast – NVDA Shares Trades With $189, Eyes $300
NVIDIA (NASDAQ: NVDA) Holds Firm Around $189 as AI Expansion and UAE Export Approval Signal Renewed Global Momentum
NVIDIA (NASDAQ: NVDA) is trading near $189.65, down 1.48% intraday, after setting an all-time closing high of $192.57 earlier in the week. The stock has gained more than 41% year-to-date and over 1,500% in three years, giving it a towering market capitalization of $4.618 trillion, the largest among semiconductor firms. Despite mild profit-taking, investors continue to price in the company’s unmatched dominance in artificial intelligence hardware, which now powers every hyperscaler from Microsoft (MSFT) to Google (GOOGL) and Amazon (AMZN). The latest catalyst came as the U.S. Commerce Department approved Nvidia’s