NVIDIA shares closed at $233.95 on October 2, 2026, after touching an intraday record of $237.88 amid renewed AI infrastructure optimism and a record $150 billion increase in the company’s share repurchase authorization. The move extends a 23% rebound from July lows and lifts market capitalization to roughly $5.65 trillion, just below the $6 trillion threshold. Momentum stems from sustained data-center demand, early Vera Rubin platform shipments expected to contribute meaningfully in the coming quarters, and Morgan Stanley’s reinstatement of NVDA as its top semiconductor pick. With fiscal Q3 results scheduled for November 18 and no major corporate events in the immediate week, trader focus centers on whether broader equity sentiment and AI capex signals can sustain the advance above key round-number thresholds.