Nvidias market cap tops $4.5 trillion after string of AI infrastructure deals
Summary
Nvidia CEO Jensen Huang attends the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmakers market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to attract investors as Nvidia steps up its pace of deal-making, cementing its position at the center of the artificial intelligence boom. Analysts at Citi on Tuesday raised their price target on Nvidia from $200 to $210, citing an increased forecast for AI infrastructure spending after the OpenAI announcements. CoreWeave , a cloud provider that includes Nvidia as a large shareholder, said Tuesday it had reached a deal to supply Meta with $14.2 billion in AI infrastructure services.