A · Important
[NVIDIA’s stock price broke through the high in May, setting a new all-time high, and the market value returned to 5.7 trillion US dollars] On October 2, NVIDIA’s stock price continued to rise during the session, breaking through the previous historical high set in May this year, setting a new all-time high, and the total market value returned to 5.7 trillion US dollars. As of press time, Nvidia rose 2.34% to US$236.26.
Recently, Nvidia increased its stock repurchase authorization by $150 billion, bringing the total repurchase program to $235 billion. The company expects to execute the repurchase program before fiscal 2028.
Just a month ago, Nvidia’s latest financial report continued to show strong demand for AI computing power. The company's latest quarterly revenue reached approximately US$96.2 billion, a year-on-year increase of 106%, setting a record high in a single quarter. At the same time, the company previously expected revenue growth in fiscal year 2028 to reach approximately 70%, further strengthening the market's expectations for the continuation of the AI infrastructure investment cycle.
Comments