Nvidia(US:NVDA) 智通财经网·2025-07-10 07:14Core Viewpoint - Nvidia has become the first company in history to reach a market capitalization of $4 trillion, driven by the ongoing AI boom and strong demand for its AI chips and infrastructure [1][5][6]. Group 1: Market Performance - Nvidia's stock price hit a record high of $164.42, with a closing market cap of approximately $3.98 trillion [1]. - The stock has rebounded over 70% since its low in April and has increased by more than 1,000% since the beginning of 2023 [2]. - Nvidia currently holds a 7.5% weight in the S&P 500 index, nearing historical highs for market capitalization weight [2]. Group 2: AI Spending Surge - Major clients like Microsoft, Meta, Amazon, and Alphabet are expected to increase their capital expenditures to approximately $350 billion, primarily directed towards AI infrastructure, representing a 35% year-over-year increase [6]. - These companies contribute over 40% of Nvidia's revenue, indicating strong ongoing demand for its AI products [7][6]. Group 3: Industry Dynamics - The Nasdaq 100 index, influenced by tech giants including Nvidia, has been performing strongly, outpacing the S&P 500 [5]. - The so-called "Magnificent Seven" tech giants, including Nvidia, are driving the long-term bull market in U.S. stocks due to their robust fundamentals and cash flow [5]. Group 4: Future Projections - Analysts predict Nvidia's market cap could reach $6 trillion, supported by the ongoing global AI infrastructure investment race [18]. - The AI data center market is expected to grow significantly, with estimates suggesting it could reach $563 billion by 2028, benefiting Nvidia due to its involvement in AI infrastructure [10]. Group 5: Analyst Sentiment - Nearly 90% of analysts covering Nvidia have a "buy" or equivalent rating, reflecting strong bullish sentiment [10]. - Loop Capital has raised its target price for Nvidia from $175 to $250, indicating confidence in the company's growth trajectory [18].