Nvidia shares jumped 4% on Tuesday, trading at $170.08 per share as the chipmaker extended its recent strong performance.
The technology company’s stock has surged 50% over the past three months, reflecting growing investor confidence in its artificial intelligence business. Nvidia recently became the first public company to reach a $4 trillion market valuation.
The stock hit a daily high of $172.39 and a low of $169.20 during trading. Nvidia’s market capitalisation now stands at approximately $4.15 trillion, with the company maintaining a price-to-earnings ratio of 54.69.
Trading volume has been heavy, with around 210 million shares changing hands daily. The stock is trading well above its 50-day average of $140.63 and its 200-day average of $131.42.
Nvidia’s remarkable gains have been driven by its leadership in AI computing technologies and data center platforms that support artificial intelligence growth. The company continues to see strong demand for its graphics processing units (GPUs) and AI-related products.
The chipmaker is scheduled to announce its earnings on August 27, 2025, with analysts expecting continued strong performance. The company’s dominance in AI chip technology has positioned it as a key beneficiary of the artificial intelligence boom.
This combination of strong price momentum, record market capitalisation, and leadership in AI markets has underpinned Nvidia’s substantial recent gains and optimistic investor sentiment.
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