Nvidia's stock has surged 61% over the past six months, driven by strong demand for AI technology and bullish reaffirmations from analysts.
Analysts from Citigroup and Goldman Sachs have issued 'buy' ratings for Nvidia, with a price target of $150 per share, fueling investor confidence.
Nvidia's market cap has reached nearly $3.4 trillion, inching closer to Apple's $3.49 trillion, positioning it to potentially become the most valuable company.
In its latest earnings report, Nvidia surpassed expectations with $30 billion in quarterly revenues, marking a 122% year-over-year increase.
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