NVIDIA shares closed at $233.95 on October 2 after touching a record intraday high of $237.88, extending a rally fueled by robust fiscal Q2 2027 results of $96.2 billion in revenue—up 106% year-over-year—with data center sales surging 117%. Management guided for $108 billion in Q3 revenue, while the company expanded its share repurchase authorization by a record $150 billion, bringing the total to $235 billion. Morgan Stanley reinstated the stock as its top semiconductor pick, citing sustained AI infrastructure demand and the Blackwell platform ramp. With a market capitalization near $5.7 trillion and forward P/E around 19 times, trader sentiment reflects confidence in near-term momentum heading into the October 5 trading week, tempered by broader macro factors and the next earnings release expected in mid-November.