Loop Capital analyst Ananda Baruah on Wednesday raised his price target on Nvidia shares to $250, the highest of Wall Street analysts tracked by Yahoo Finance, implying that the AI chipmaker’s market capitalization could soar to $6 trillion. Baruah expects the market for AI chips to grow to $2 trillion in 2028.

Nvidia Corp. shares rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world.

Nvidia's stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.

For all the talk about how much more Nvidia can grow, it delivered a blowout report for the fiscal 2026 first quarter.

Nvidia is again the world’s largest company, amid renewed confidence in the AI trade and investors’ risk appetite returning.

Key Takeaways Nvidia shares climbed over 4% to an all-time high Wednesday.The move helped the chipmaker reclaim the title of most valuable company by market value.Nvidia CEO Jensen Huang reportedly said at the company's annual shareholder meeting Wednesday that he believes there are “many growth opportunities across our company,