Nvidia Stock Heads for Another Record. Why This Rally Still Has Legs. -- Barrons.com

Dow Jones
Jun 30, 2025

By George Glover

Nvidia stock was set to rise again Monday and on course for another record, suggesting that the artificial-intelligence chip maker's recent rally won't grind to a halt anytime soon.

Shares climbed 0.8% to $158.98 ahead of the opening bell. Futures tracking the benchmark S&P 500 were up 0.4%.

Other chip stocks were also rising -- Advanced Micro Devices gained 1.2%, Broadcom jumped 1.6%, and Qualcomm added 0.7% in premarket trading.

Nvidia shares notched a five-day winning streak last week, hitting a new high on Wednesday and then building on those gains. In the process, Nvidia surpassed Microsoft to become the world's largest company by total market capitalization.

There's little reason to think the stellar run can't carry on, with investors still bullish that the Trump administration will be able to carry on brokering trade deals. When the market is in a good place, its go-to AI darling tends to be one of the names that reaps the benefits.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 30, 2025 05:18 ET (09:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10