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Benzinga
Benzinga
Business
Henry Khederian

Nvidia Stock Soars Near Record High: What's Driving the Rally?

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NVIDIA Corp (NASDAQ:NVDA) is continuing its remarkable run Wednesday, with shares climbing 2.6% to $151.74, near a new all-time high. The stock’s recent run completes a full recovery from a 17% drop in January, initially sparked by fears that China’s DeepSeek AI could challenge Nvidia’s market dominance.

What To Know: Nvidia’s rebound in recent weeks has been fueled by a significant easing in U.S.-China trade tensions and a stellar first-quarter earnings report on May 28.

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