Nvidia Shares Hit All-Time Highs

Nvidia shares hit a new all-time high amid positive macroeconomic signals. Weak US labor market data has fueled expectations of Federal Reserve monetary easing, leading to lower Treasury yields and supporting the tech sector.

Investors are actively reacting to the company's corporate decisions. Specifically, Nvidia increased its share repurchase program by another $150 billion, signaling strong management confidence in future cash flows.

Morgan Stanley maintained its top pick status among chip manufacturers for Nvidia, setting a price target of $300 per share. Analysts emphasize that sustained demand for artificial intelligence infrastructure continues to support the entire semiconductor industry segment.

Key factors driving the company's stock value:

• Expectations of more dovish Fed policy due to weak US employment data
• Declining Treasury yields stimulating capital inflow into growth stocks
• $150 billion increase in the share buyback program
• High and steady demand for AI infrastructure equipment