Nvidia stock price today: NVDA shares rally near peak as AI chip demand spikes — is this the top or just the start?
The move comes after Nvidia (NVDA) briefly touched the $4 trillion market cap mark during Wednesday's session, becoming the first company in history to hit that level, driven by massive demand for its AI chips. Investors are now watching closely to see whether this momentum will hold as broader market conditions remain mixed due to geopolitical tensions and looming trade policies.
Why is Nvidia stock up again today?
Nvidia's stock price today is gaining support from continued institutional interest and a broader rotation back into mega-cap tech names. On July 9, NVDA closed at a record high of $162.88, fueled by a mix of retail enthusiasm and bullish price targets from Wall Street analysts.
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Earlier Thursday, premarket trading showed NVDA pushing toward $164.42, which briefly lifted the company's valuation above $4 trillion again. Although it pulled back slightly by midday, Nvidia still remains one of the strongest performers in 2025, with its year-to-date gain standing at over 170%.
According to analysts at StatMuse and MacroTrends, Nvidia's strong product pipeline—led by its Blackwell GPU chips and data center dominance—continues to fuel optimism among long-term investors.
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What's driving Nvidia's stock price movement this week?
The biggest force behind Nvidia's latest stock price jump is the relentless global demand for AI infrastructure, particularly from big players like Microsoft, Amazon, and Meta. Nvidia's H200 and B200 chips are at the core of nearly every major AI deployment, and that dominance is keeping the rally alive.
In addition to solid fundamentals, sentiment has also been boosted by:
Positive analyst upgrades, with price targets reaching up to $190–$204
Nvidia's increasing presence in sovereign AI contracts, including deals with the U.S. government
Strong hedge fund flows into the semiconductor sector as a hedge against inflation
Nvidia also benefits from its position in the "Magnificent Seven" tech group, which includes Alphabet, Amazon, Apple, Meta, Microsoft, and Tesla. With markets nervous about Donald Trump's fresh tariff threats, investors are leaning on reliable growth names—and Nvidia tops that list.
Will Nvidia stock stay above $160 or pull back?
There's no clear answer, but traders are watching key support and resistance levels. The $160 zone is seen as a short-term floor, while anything above $164 could spark another breakout.
Nvidia has seen increased volume and options activity, a sign that both institutional and retail traders are betting on more volatility ahead. Some are locking in profits, while others are doubling down on long positions.
According to Investopedia's July 10 premarket report, the company's trading behavior has been 'remarkably resilient despite macro headwinds,' with Nvidia seen as a safe harbor during political and trade policy shifts.
Nvidia's stock price today, July 10, shows why NVDA remains the heartbeat of the AI boom. As shares hold near record highs, the tech giant is navigating market crosscurrents—from Fed interest rate speculation to Trump's trade war 2.0—with surprising strength.
While short-term swings are expected, Nvidia's long-term story still looks strong. With AI demand unlikely to fade, and investor appetite intact, NVDA may continue leading the charge well into the second half of 2025.
FAQs:
Q1: Why is Nvidia stock rising today?
Nvidia stock is rising due to strong AI chip demand and investor confidence.
Q2: What is NVDA stock price now?
As of July 10, NVDA is trading around $162 with high intraday swings.
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