An analyst from Loop Capital raised the price target for the company, suggesting Nvidia’s market cap could reach $6 trillion.

Nvidia's market cap reached $3.7 trillion as the stock price reached an all-time high. The rally boosted the value of Jensen Huang's 4% stake in the company to $135 billion.

Jensen Huang will rake in almost a billion dollars this year from his planned sale of 6 million Nvidia shares.