NVIDIA shares have rebounded sharply into early October 2026, closing at $233.95 on October 3 after touching an intraday high near $237.88 and recovering roughly 23% from late-July lows. The rally stems from the company’s record $150 billion buyback expansion—bringing total authorization to $235 billion—combined with sustained AI demand, fiscal Q2 revenue of $96.2 billion, and management’s 70% fiscal 2028 growth outlook. Market capitalization sits near $5.6 trillion, with analysts highlighting an undemanding valuation around 15 times fiscal 2028 earnings estimates and renewed optimism around AI agents and next-generation platforms. The week of October 5 features limited company-specific catalysts but includes U.S. PMI releases and broader tech sentiment that could influence near-term price action.