Nvidia share price 3% Away from Record High. Will it climb to a new peak?

Nvidia shares rose 2 per cent on monday on wall street, brings the ai chip leader close to its record high after a strong rebound over the last two months.

The company’s Momentum remains strong, driven by robust demand for its chips from Major cloud provides and international markets developing their Own National Ai Infrastrursts.

Nvidia shares ended the day at $ 144.69 on Wall Street, Roughly 3% Below All-Time Closing High.

The recent surge follows Nvidia’s GTC Paris Event Last Week in the French Capital, Where CEO JENSEN HUANSAN HUANS ALESO MADE An APEARANCE at the Viva Technology Conference.

According to Media Reports, The Company is also Facing the Consequences of the Trump Administration’s Ban on Selling Its Chips to China. In Its Latest Earnings Report, Nvidia disclosed a $ 4.5 billion loss linked to the ban and expects to incur a further $ 8 billion write-doun in the current Quarter.

Nvidia has Announced Its First-Quarter Results, Reporting Revenue of $ 44.1 Billion for the period ending april 2025-Marking a 12% Increase from the Previous Quarter and A Significant 69% Surgery Compared to the same period last year.

Wall street began the week on a positive note mind, rebounding after last week’s steep decline. Investor sentiment was lifted by growing optimism over a possible resolution to the recent israel -ran tensions.

The Dow Jones Industrial Average Advanced 248 Points (0.6%), The S & P 500 Added 0.7%, While The Nasdaq COMPOSITE, Dominated by Tech Stocks, Outpermed With A Cain of 1%.

Here’s what experts say on nvidia share price

According to Anshul Jain, Head of Research at Lakshmishree Investments, A Breach and Sustain Above 154 will trigger a fresh rally in nividia share price.

“Nvidia share price has been formed a 35-wheek double bottom base with a neckline placed at 153.11. The stock has rallied for 11 straight weeks, Approaching the Breakout POINT POINT STRITMATMATUM. However, a 4–8 week consolidation near the Pivot is expected before a sustainable breakout, “Jain said.

Jain further added, “a breach and sustain about 154 will trigger a fresh raly, initially targeting 175, with bulls Eventually eyeing 190 as the final target.

Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.