Nvidia Stock Near Record Highs: $20B xAI GPU Deal and $100B OpenAI Pact Fuel AI Boom
Nvidia shares are up about 58% year-to-date, trading near $181 with a $4.4 trillion market cap, just below record highs. Q2 FY2026 revenue jumped 56% to $46.7 billion, with $41 billion from data-center GPUs. The company announced major deals with xAI, OpenAI, and Intel. Over 90% of analysts rate NVDA a “Buy,” but U.S.–China tensions and high valuation pose risks.