Driven by sustained momentum in the artificial intelligence sector, Nvidia's stock surged 4.3% last Friday, closing at $208.27 per share—the highest level since October of last year—and pushing its total market capitalization above $5 trillion for the first time. Since late 2022, Nvidia shares have accumulated gains exceeding 14-fold, making it one of the most sought-after core assets amid this wave of AI investment. Currently, Nvidia GPUs have become essential components of AI infrastructure, widely adopted by tech giants including Google, Microsoft, Meta, and Amazon, as well as model developers such as OpenAI and Anthropic, supporting large-scale training and inference demands for AI models. The recent stock rally was also bolstered by broader industry tailwinds. Chipmaker Intel released earnings that exceeded expectations, propelling its shares up 24% in a single day—a record gain since 1987—while rival Advanced Micro Devices rose 14%, and Qualcomm gained 11%. Earlier, funds had withdrawn from major technology stocks due to rising oil prices triggered by geopolitical conflicts and supply chain disruptions. However, robust demand for AI infrastructure has renewed investor confidence in the tech sector. The Nasdaq Composite Index has climbed approximately 15% since April and may achieve its best monthly performance since April 2020. Nevertheless, Nvidia faces potential competitive pressures. Its key customer Alphabet announced plans to launch proprietary AI chips later this year and intends to make them accessible to cloud customers, aiming to challenge Nvidia's dominance in the AI computing power market.