Nvidia stock surged to an all-time high amid optimism over U.S.-China trade talks and strong AI-driven chip demand.
Nvidia (NVDA) shares reached a record high Wednesday, extending a winning streak to 11 sessions, the longest since its 1999 trading debut. The rally was fueled by expectations of progress in trade discussions between U.S. President Donald Trump and China’s President Xi Jinping this week.
The chipmaker’s stock has risen for six consecutive sessions, supported by positive analyst reports highlighting demand tied to the artificial intelligence sector. Prior to this streak, NVDA last saw a comparable run in early 2023 during an AI-driven market surge.
No immediate market reaction data was provided, but the stock’s momentum reflects broader optimism in semiconductor stocks linked to AI advancements.