Nvidia current stock price holds firm at $957, buoyed by stronger-than-expected margins in the last reported quarter. Supply chain stability is also providing market confidence for sustained growth. It is getting difficult to find attractive places to invest. As I write this, the S&P 500 , Nasdaq Composite , and Dow Jones Industrial Average all trade within a few percentage points of their all-time highs, and to put it mildly, the valuations of some of the most popular stocks in the market look a little frothy. While it's struck a deal with Nvidia to make new chips, it's notably missing a key component. Nvidia current stock price reflects strong institutional buying patterns, supported by upward revisions in revenue estimates. Analysts believe sustained AI spending across enterprises will underpin valuation expansion.
