Nvidia Sets New Benchmark as AI Surge Fuels Stock Market Rally
Nvidia Corporation marked a new all-time closing high of $187.24 on October 1, 2025. This milestone is a testament to the continued investor interest in the artificial intelligence giant. The semiconductor leader’s stock surge played a significant role in driving major indices to record levels. The S&P 500 gained 0.34% to close at 6,711.20, and the Nasdaq jumped 0.42% to 22,755.16.
The chipmaker’s exceptional performance is a reflection of the sustained investor confidence in the demand for AI infrastructure. Nvidia’s market capitalization now stands at a whopping $4.55 trillion, marking a 5.43% increase over the past week alone. The stock has seen an impressive gain of approximately 25% year-to-date in 2025, following a spectacular 171% surge in 2024.
Analysts remain overwhelmingly bullish on Nvidia. Out of 48, 43 analysts rate the stock as a Buy or Strong Buy. Loop Capital’s Ananda Baruah recently raised his price target to $250, making it the highest among Wall Street analysts tracked by major financial platforms.
Nvidia’s dominance in the AI chips market positions it to benefit from the continued enterprise adoption of generative AI, autonomous vehicles, and cloud infrastructure expansion. This is despite the growing competition from AMD, Intel, and emerging players in the GPU market.
Source: Macrotrends