NVIDIA shares traded near $237–$239 through early October 2026 after touching an intraday record of $243.37 on October 6, supported by robust data-center demand, a record $150 billion share-repurchase authorization in late September, and bullish analyst commentary including Morgan Stanley’s reinstatement of the stock as a top semiconductor pick. The company’s fiscal second-quarter results showed revenue exceeding $96 billion with strong guidance, while fresh developments such as Microsoft’s AI-PC collaboration and SpaceX’s planned chip purchases reinforced investor focus on AI infrastructure spending. Market-implied odds cluster around the $235–$240 close for the week, reflecting this momentum tempered by broader pressure from elevated Treasury yields and the absence of major catalysts until the November 18 earnings release.