Nvidia's stock price rose more than 2% before the market opened, and its stock price exceeded $700.

Nvidia's U.S. stock price rose more than 2% before the market opened, with the stock price exceeding $700 per share, and the opening may continue to hit a record high. On Monday local time, Nvidia closed up 4.8%, closing at a record high for the third consecutive trading day. The stock price was reported at US$693.32, and the market value reached US$1.71 trillion. On the news, the company received an increase in its target price from Goldman Sachs and Bank of America to $800.