Core Insights - Nvidia's stock surged nearly 4% to $208.82, reaching an all-time high of $212.19 following a significant presentation by CEO Jensen Huang in Washington, D.C. [1] - The company has achieved a market capitalization of $5.1 trillion, becoming the first to reach this milestone [2]. Group 1: Market Reactions - At least six Wall Street firms raised their price targets for Nvidia stock after the GTC conference, where the company announced numerous deals and projects in AI data centers, quantum computing, wireless infrastructure, and robotaxis [2]. - Melius Research analyst Ben Reitzes increased his price target for Nvidia from $275 to $300, praising Huang's presentation as a "home run" and noting stronger-than-expected orders for Blackwell and Rubin graphics processing units [3]. - Evercore ISI analyst Mark Lipacis maintained an outperform rating and raised the price target from $225 to $261, emphasizing Nvidia's competitive edge in the AI computing ecosystem [4]. Group 2: Industry Position - Nvidia is viewed as the "gold standard" in the AI sector, leading the industry with its comprehensive chip, hardware, software, and networking solutions [4]. - The company's stock is featured on five IBD lists, including IBD 50 and Tech Leaders, indicating strong market interest and performance [5].