Nvidia Reaches Record $238.30 Following Foxconn Sales Surge and Analyst Upgrades

Nvidia Corporation shares hit a new all-time high of $238.30, lifting year-to-date gains to 28% amid strong artificial intelligence infrastructure demand. The surge was propelled by key server partner Foxconn posting record September revenue of NT$1.16 trillion ($36.5 billion), up 38.4% year-over-year, and third-quarter sales of NT$3.03 trillion that topped estimates. Wall Street sentiment also strengthened, with BNP Paribas raising its price target to $345 and Bernstein reiterating a $400 target. Nvidia previously guided third-quarter fiscal 2027 revenue to $108 billion following second-quarter sales of $96.22 billion.