NVIDIA CEO Jensen Huang sells over $36M in stock
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Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.
Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
The company is benefiting from high demand for computing power to support AI training and inferencing. Over the past couple of years, Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have both shown their strengths in artificial intelligence (AI) -- and as a result,
“It’s been a more up-and-down journey since then to get north of $4tn-we’ve had DeepSeek, sweeping and unsettling restrictions on chip exports, and of course the topsy-turvy journey of Trump’s tariffs. But investors have seen through all this to ride the AI wave,” he added.
Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Nvidia stock trades at $166.46 as CEO Jensen Huang sells $36M in shares and overtakes Warren Buffett in net worth amid AI-led rally.
Nvidia shares continued to rise after the artificial intelligence chipmaker broke the $4 trillion market cap level. U.S. equities were lower at midday after President Donald Trump made more tariff announcements. The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.
Nvidia stock rises after the chip maker ends Thursday’s session with a market cap above $4 trillion, while MicroStrategy trades higher as Bitcoin sets a record high of more than $118,000.