Stock price trend and valuation

  • NVIDIA’s share price rose significantly in 2025, generally outperforming the broader technology and semiconductor sectors.
  • Year-to-date, NVIDIA’s stock was up roughly 34–39%, depending on the exact measurement period.
  • The company became the first publicly traded company to surpass a US$5 trillion market capitalisation in late October 2025.
  • NVIDIA reached all-time high share prices near US$190–212 in late 2025.

 

Underlying drivers of performance

  • Strong earnings reports, especially from the data centre and AI business, supported investor confidence.
  • NVIDIA reported record revenues and significant growth in its data centre segment, including over US$50 billion in revenue in a recent quarter.
  • Artificial intelligence demand, particularly for NVIDIA’s GPUs powering generative AI and large models, remained a central performance driver.

 

Periods of volatility

  • Despite overall gains, the stock experienced notable sell-offs when broader technology sentiment softened or competitive concerns emerged.

 

Analyst views and price targets

  • Many analysts remained bullish on NVIDIA’s medium- to long-term prospects, with several raising price targets as earnings beats piled up and AI infrastructure demand continued.

 

Recent company actions

  • In December 2025, a long-serving director sold shares worth around US$44 million, emphasising that senior shareholders sometimes rebalance even as the company’s long-term story remains strong.

 

Sector context

  • NVIDIA’s performance was part of a broader theme where AI-linked technology leaders drove much of the market’s gains. NVIDIA was a key contributor but corrected at times when sentiment in technology stocks softened.