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Nvidia Stock Tops $750 Billion Market Cap. This Analyst Sees Giant Metaverse Opportunities.


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Nvidia stock surged to a record in Thursday trading after analysts at Wells Fargo raised their price target by about 30%, saying the videogame- chip powerhouse was well positioned to help build the metaverse.

Shares of the leading maker of computer graphics processing units (ticker: NVDA), jumped 15% to $306.72 in intraday trading. That pushed it to a market capitalization of more than $760 billion. Shares gave up some of those gains to close at $298.01 on the day.

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