Nvidia increased by 4% on Wednesday and reached the highest level of all time

Nvidia closed on Wednesday as the most powerful stock on the board, rose by 4% and reached the highest level of all time, and the rest of the market barely moved.

This came when S&P 500 fell only 0.08%, Nasdaq Composite has dropped 0.2%and Dow Jones 99 points. Nvidia’s performance has followed a solid momentum for weeks since May 28, which defeated Wall Street forecasts.

Since this report, NVIDIA’s shares have increased by more than 12% and left behind the 3.6% of the S&P 500 in the same period. Even if the company continued to face new US restrictions in China, one of its largest buyers, the share of the stock came.

The strong movement of Nvidia shares was directed with increasing investor confidence. Analysts drew attention to the dominance of the company’s AI chips as a reason for the sense of ascension.

On Wednesday, Loop Capital Ananda Ananda Baruah increased its price target for Nvidia to $ 250, the highest in the Wall Street. As a note to customers, Baruah written:

“Although it may seem great that the foundations of NVDA may continue to rise from existing levels, we remind people that NVDA is essentially a monopoly for critical technology and has the power of pricing (and margin).”

He also said that the AI ​​chip market could reach $ 2 trillion by 2028. If Nvidia reaches $ 250, the company’s market value will be about 6 trillion dollars from the current $ 3.6 trillion dollars.

Wall Street eyes Global tensions as they cool their heights

The market approached the record zone on Wednesday as a whole. The S&P 500 was traded below 1% of the highest level of 6,147.43, which was shot on February 19 and remaining close to the closing of 6.144.15 of all time.

Nasdaq also remained 1.3% under the December summit. According to CNBC, this week’s market power was partially declared after a soften response from the Middle East ceasefire between Iran and Israel, from Iran to strikes from Iran to strikes.

Donald Trump, who now returned to the White House, confirmed that the ceasefire confirmed and worried that the conflict could threaten global oil supply. S&P 500 increased by more than 2% this week after these developments.

However, peace did not come without tension. The ceasefire, which started on Tuesday, has been shaky from the beginning. Only a few hours after notified, both Israel and Iran accused each other of violating conditions. Nevertheless, investors relieved a great rise.

Earlier this year, the fears that raised US tariffs forced the S&P 500 to almost 20% of the summit, and many of them were expecting a global slowdown. However, the latest labor and inflation figures control these concerns, and some traders bet at the end of the FED that they can take steps with support.

Despite the high title, the technology sector is delayed

Even in Nvidia’s climbing, the rest of the technology sector does not celebrate. Worthing CEO Worth, who spoke to CNBC, said the rally was “very thin in terms of a few big names”. Added:

“Interestingly, if you were to look at where the sector is now, and if you have always called it the highest, we know that it has been disintegrated and has reached a new high level in relation to the Sunday Sunday summit of the Sunday, February 18th. Technology is actually following the market in a 12 -month way, but this situation.

In addition, since February 18, only 5 of 69 technology stocks have increased. Median stock fell by 5.5%and even if the general sector reached new levels, the average stock fell by 7%. However, the technology sector has still increased by 5.7% this year and has increased by 14.5% in the last three months, mostly excitement in artificial intelligence.

Investors have also looked at the new home sales data, which has been far from technology at the lowest level since October 2024. He did not move these markets too much, but he added another layer of attention.

At the same time, Federal Reserve President Jerome Powell returned to Capitol Hill for a second testimony. Powell, who spoke to the Senate Banking Committee, said:

“This is a risk. Like the people who need to keep stable prices for the benefit of the American people, we can manage this risk. This is the only thing we do. We do not decide what to do yet.”

Powell, who testified before the Parliamentary Financial Services Committee on Tuesday, refused to tell when Trump clearly demanded, although the FED could reduce rates.

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