金色财经|Oct 02, 2026 13:43
[NVIDIA Stock Price Surpasses May High to Hit Record High, Market Cap Returns to $5.7 Trillion]
According to Golden Finance, on October 2, NVIDIA's stock price continued to rise during intraday trading, surpassing the previous record high set in May this year and reaching a new all-time high. The total market capitalization returned to $5.7 trillion. As of press time, NVIDIA shares were up 2.34%, trading at $236.26.
Recently, NVIDIA increased its stock buyback authorization by $150 billion, bringing the total buyback program to $235 billion. The company expects to execute this buyback plan by fiscal year 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 $96.2 billion, a year-over-year increase of 106%, setting a new single-quarter record. At the same time, the company previously projected that its fiscal year 2028 revenue growth rate would reach approximately 70%, further reinforcing market expectations for the continuation of the AI infrastructure investment cycle.
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