NVIDIA's stock price has reached a new historical high, with a market value approaching 6 trillion USD

NVIDIA's stock price reached a historic high after experiencing two months of sell-offs, rising as much as 2.9% during the day. The market is optimistic that AI entities will drive an increase in semiconductor demand, boosting stock prices. After NVIDIA announced an increase in its buyback plan by $150 billion, the stock price rose further. So far this year, the stock price has cumulatively increased by about 27%, with a market capitalization of approximately $5.7 trillion, just under $300 billion away from $6 trillion.