Shares of NVIDIA Corporation (NVDA) Rise Above Previous 52-Week High

NVIDIA Corporation (NASDAQ: NVDA) traded today at a new 52-week high of $225.73. About 6.1 million shares changed hands today, compared to an average 30-day volume of 31.3 million shares.

Nvidia is the leading designer of graphics processing units that enhance the experience across computing platforms. The company’s chips are used in a variety of end markets, including high-end gaming PCs, data centers and automotive infotainment systems. In recent years, the company has broadened its focus from traditional PC graphics applications such as gaming to more complex and beneficial capabilities, including artificial intelligence and autonomous driving, leveraging the powerful capabilities of the company’s graphics processing units.

NVIDIA Corporation’s stock prices have moved between a 52-week high of $225.73 and a 52-week low of $115.67 and now trades 94% above that low at $224.74 per share.

NVIDIA Corporation (NASDAQ: NVDA) is currently priced at 39.0% above the consensus analyst average price target of $137.02.

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