Nvidia (NVDA) jumped to $192.06 in overnight trading, up 1.56%, as investor enthusiasm for AI infrastructure continues to build. The chipmaker's rally comes amid explosive demand for its data center products and strengthening partnerships across the tech industry.
Strong Momentum at New Highs
The AI Investor trader recently noted something significant about Nvidia's current performance: the company projects zero revenue from China's data center segment in its guidance. This conservative approach means any sales from Chinese customers would represent pure upside, adding to what's already a powerful growth trajectory.

The stock's overnight gain of $2.95 pushed shares past the $180 consolidation zone where they'd been trading recently. With NVDA now in uncharted territory, there aren't any obvious resistance levels ahead - though investors should stay mindful of potential volatility at these valuations.
What's Fueling the Rally?
Several factors are driving Nvidia's surge:
- AI explosion: Demand for GPUs powering generative AI and cloud applications keeps accelerating
- Strategic partnerships: Deep integrations with Microsoft, Google, Amazon and other cloud providers
- Geographic diversification: Despite U.S. export restrictions to China, Nvidia has successfully expanded its global customer base
- Financial strength: The company maintains robust margins and cash flow even while investing heavily in R&D
Nvidia has proven remarkably resilient in navigating export controls. By building out customers across Europe, Asia, and North America, the company has reduced dependence on any single market. If restrictions ease or new approvals come through for Chinese data centers, that would add meaningful upside to an already strong outlook.
Looking Ahead
Nvidia's run to record highs reflects both technical momentum and fundamental strength. The company sits at the center of the AI infrastructure buildout, with virtually every major tech player relying on its chips. While the stock trades at premium valuations, the underlying growth story remains intact.
The combination of established demand and potential upside from currently untapped markets suggests Nvidia may have room to run, though investors should approach these elevated levels with appropriate caution.