Nvidia Stock Soars 154% YTD, Eyes $4 Trillion Market Cap Amid AI Demand Surge

Nvidia ($NVDA) has experienced significant growth, with its stock rising 154% year-to-date. The company is poised for further expansion as AI demands surge, with a forecasted increase in AI spending by $60 billion this year to $167 billion, according to Barclays. Nvidia's stock rose 1.85% to $125.83 for the week, reflecting investor confidence. Additionally, Nvidia is expected to reach a $4 trillion market cap. The company is seeing large buyers of 5000 weekly deep ITM $100 calls at $28.40 to $29.50 offers. Nvidia's earnings are anticipated in mid-August. Other notable AI stocks include Microsoft with a price target of $500, Taiwan Semiconductors at $200, and Amazon at $222.