NVIDIA shares closed near record highs around $239 on October 6, buoyed by fiscal Q2 results showing $96.2 billion revenue (up 106% year-over-year) and robust $108 billion Q3 guidance that topped consensus, alongside a $150 billion buyback expansion. Traders are pricing in continued AI infrastructure demand, evidenced by Foxconn’s strong results and hyperscaler capex trends, while the stock trades at roughly 17 times forward earnings near decade lows despite projected 90% earnings growth. Rising Treasury yields have pressured broader markets yet left NVDA resilient, with analyst price targets averaging above $325 reflecting strong consensus. The week’s close hinges on momentum from these fundamentals and any intraday volatility near the $6 trillion market-cap threshold, with the next major catalyst being November earnings.