What factors are driving Nvidia's stock price to new highs?

Nvidia's stock price is reaching new highs due to a combination of factors that have created a favorable environment for the company's growth and performance: 1. **Strategic Collaborations and Market Expansion**: Nvidia's recent collaboration with YTL Power International Bhd to build AI data centers in Malaysia is a significant development. This deal, worth $2.36 billion, not only highlights Nvidia's commitment to expanding its global footprint but also underscores the growing demand for its AI and graphics processing solutions. 2. **Resumed H20 Chip Sales in China**: The news that Nvidia has secured assurances to resume sales of its H20 AI chips in China has been well-received in the market. This decision comes after the U.S. export rules halted H20 shipments in April, and it is expected to boost Nvidia's market share in the Chinese AI-chip market, despite a forecasted slight decline in share percentage. 3. **Increased Demand for AI Infrastructure**: The surge in orders for Nvidia's H20 chips, driven by Chinese demand, indicates a growing need for AI infrastructure. This demand is likely to translate into increased revenue for Nvidia as it supplies the necessary hardware for AI data centers and applications. 4. **Institutional Investor Confidence**: Global Wealth Management Investment Advisory Inc. has increased its stake in Nvidia, reflecting confidence in the company's future prospects. This move, along with similar investments by other institutional players, suggests that Nvidia is viewed as a strong investment with potential for long-term growth. 5. **Strategic Partnerships and Innovation**: Nvidia's expanded collaboration with PTC and integration with Avathon have bolstered its position in AI and video intelligence. These initiatives, along with ongoing investments in AI and partnerships with industry leaders, have likely contributed to the company's recent price surge. 6. **Market Sentiment and Record Highs**: Nvidia's stock has hit record highs, closing at $182.70, a level that reflects strong investor confidence and market optimism. This sentiment is bolstered by the broader tech market's performance, with record highs for the Nasdaq and expectations of interest rate cuts. 7. **Earnings and Dividend**: Nvidia's recent earnings report and dividend announcement have also contributed to the positive sentiment. The company's strong financial performance and commitment to shareholder returns can attract both institutional and retail investors. These factors, combined with Nvidia's strong financial performance and strategic positioning in the AI and graphics processing markets, have driven its stock price to new highs. Investors are likely anticipating continued growth in Nvidia's revenue and market share, particularly as the demand for AI infrastructure and chips increases globally.