Nvidia shares hit a record closing price on Monday, up over 2%, surpassing the previous high in June. This growth comes as investors anticipate earnings season and updates on AI infrastructure spending from major tech customers. Nvidia, which dominates 95% of the AI chip market, is a key player in the generative AI boom. The stock has surged nearly 180% this year as demand for its next-gen Blackwell chip drives revenue expectations. Nvidia’s revenue is projected to increase more than 80% in the current quarter as companies ramp up AI investments.
