Nvidia Corporation ( NVDA ) shares closed Wednesday up 0.5% at $141.92. The company announced that its Blackwell architecture delivered breakthrough performance in its latest training results.

What To Know: The volatility in Nvidia ( NVDA ) shares on Wednesday came as the company said in a blog post that its AI platform delivered the highest performance at scale on all benchmarks and powered every result submitted on the benchmark's toughest large language model-focused test.

Blackwell delivered more than 2x greater performance compared with the company’s previous-generation architecture. The company said the results underscore the platform’s exceptional performance and versatility across a wide array of AI workloads. Nvidia ( NVDA ) presented at the BofA Securities 2025 Global Technology Conference on Wednesday.

Nvidia ( NVDA ) made headlines earlier this week by overtaking Microsoft to become the world's most valuable company, now valued at approximately $3.44 trillion. The jump in shares follows strong first-quarter earnings in which the company reported $44.1 billion in revenue, representing a 69% year-over-year increase, ahead of Wall Street expectations.

Analysts at Morgan Stanley maintained Nvidia ( NVDA ) as a top pick, citing growing demand for its AI chips across data centers and gaming. Several other analysts raised price targets over the past week, ranging from $135 to $210.

Wedbush’s Dan Ives said earlier this week that Nvidia ( NVDA ) could climb to $250 per share over the coming years if the Trump administration pulls back on tariffs. He also indicated that new all-time highs are on the horizon for tech stocks.

The broader semiconductor sector got a boost on Wednesday after GlobalFoundries announced plans to commit $16 billion towards U.S. chip expansion. The move is part of an industry-wide reshoring trend driven by AI demand and ongoing trade tensions. The expansion includes new investments in silicon photonics, GaN power technologies and advanced packaging, all critical for energy-efficient AI chips.

Nvidia ( NVDA ) continues to benefit from strong institutional and investor confidence tied to the long-term demand for AI infrastructure.

NVDA Price Action: Nvidia ( NVDA ) shares are up about 21% over the past month, and the stock has climbed more than 5% over the past week, according to Benzinga Pro.

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