NEW YORK – Shares of semiconductor giant NVIDIA Corporation (NASDAQ: NVDA) experienced a significant rally in Thursday’s trading session, closing with substantial gains and signaling strong investor confidence. The tech heavyweight’s stock is drawing keen market attention as it tests a key technical milestone.
NVIDIA’s stock closed the official trading day at
3.25, or 1.87%. The positive momentum appeared to continue after the bell, with after-hours trading showing the stock at $177.15, up an additional 0.23% at the time of reporting.
The day’s performance was characterized by a steady upward trend. After opening at $174.02, shares of NVDA traded within a range, hitting an intraday low of
177.00**, a critical level that matches its 52-week high.
This peak represents a remarkable turnaround from its 52-week low of $86.62, underscoring the powerful recovery the stock has mounted. The close well above the previous day’s finish of $173.50 demonstrates the robust buying pressure that propelled the stock throughout the session.
With a P/E ratio standing at 56.93, investors are pricing in significant future growth for the chipmaker, which has become a central player in artificial intelligence, gaming, and data center markets. As the session concluded, market participants are now looking ahead, assessing whether this bullish momentum has the strength to push the stock into a new trading range.
