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NVIDIA hits $5 trillion market cap with strong AI-driven growth, eyeing $300 stock in 2026.

Company Fundamentals
16 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

NVIDIA recently surpassed a $5 trillion market cap, driven by a 92% year-over-year revenue surge in its Data Center segment, notably a 199% jump in Networking. CEO Jensen Huang highlights the massive AI infrastructure expansion fueling this growth. Despite recent stock volatility and challenges like China market restrictions and a large buyback plan, Wall Street remains optimistic with a consensus target near $299. Achieving $300 per share in 2026 depends on continued strong revenue, successful new product launches, and sustained AI investment from major clients.

More News (NVDA)

U.S.-Iran deal signals market relief as Hormuz reopening eases inflation concerns.

U.S.-Iran deal signals market relief as Hormuz reopening eases inflation concerns.

The recent memorandum of understanding (MoU) between the U.S. and Iran has shifted market focus towards relief, particularly anticipating the reopening of the Strait of Hormuz. This development may reduce inflation worries for the Federal Reserve ahe...

Market News
Bullish
4 hours ago
Elon Musk's net worth jumps $165B in one day as SpaceX shares soar on IPO and ambitious future milestones.

Elon Musk's net worth jumps $165B in one day as SpaceX shares soar on IPO and ambitious future milestones.

Elon Musk gained $164.8 billion in a single day as SpaceX shares surged from $160.95 to $192.50 during its IPO, far outpacing gains from Tesla. Musk controls about 86% of SpaceX's voting power through a dual-class share structure. The company disclos...

Market News
Bullish
4 hours ago
New ETF QDPL offers 4X S&P 500 dividend yield but with slightly lower total returns.

New ETF QDPL offers 4X S&P 500 dividend yield but with slightly lower total returns.

Pacer Financial's new ETF, QDPL, delivers an 8.78% year-to-date return and a 5.04% dividend yield, which is over four times the yield of the popular Vanguard S&P 500 ETF (VOO). QDPL achieves this by combining S&P 500 exposure with dividend futures th...

Market News
Neutral
5 hours ago
Vanguard Growth ETF dips 4.5% in five days amid rising Treasury yields and AI stock volatility.

Vanguard Growth ETF dips 4.5% in five days amid rising Treasury yields and AI stock volatility.

The Vanguard Growth ETF (VUG) dropped 4.5% over five days, reflecting volatility in megacap tech stocks like NVIDIA and Apple, which make up nearly half its assets. The fund trails the S&P 500 year-to-date but has outperformed over five years. Key fa...

Market News
Neutral
5 hours ago
Yotta 2026 event to spotlight AI infrastructure challenges with 200+ speakers in Las Vegas this September.

Yotta 2026 event to spotlight AI infrastructure challenges with 200+ speakers in Las Vegas this September.

Yotta 2026, the largest event on AI, energy, and digital infrastructure, will take place from September 28-30 in Las Vegas, featuring over 200 speakers and 6,000 senior leaders. The event focuses on the challenges of financing, powering, building, an...

Market News
Bullish
5 hours ago
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