NVIDIA shares closed at $233.95 on October 2, 2026, after touching an intraday record of $237.88 amid renewed AI demand optimism and a record $150 billion expansion of its share repurchase authorization, bringing total capacity to $235 billion through fiscal 2028. The company’s fiscal second-quarter results showed data-center revenue surging to $89 billion, with non-GAAP EPS reaching $2.22, exceeding estimates, while management guided for continued supply-constrained growth into fiscal 2028. With a market capitalization near $5.65 trillion and a forward P/E around 19, the stock trades below historical averages relative to projected revenue expansion, though analyst consensus targets average $327. Key near-term catalysts include hyperscaler capital-expenditure updates and the next earnings release in November.