As of October 7, 2026, the latest verified record for Nvidia (NASDAQ:NVDA) dates to October 5, when 24/7 Wall St. reported that “NVIDIA hit an all-time high of $238, up 28% in 2026, backed by 106% revenue growth and $108 billion Q3 guidance.”
Key Takeaways
- ▲ 24/7 Wall St. recorded an all-time high of $238, up 28% in 2026, “backed by 106% revenue growth and $108 billion Q3 guidance.”
- ▲ In late September 2026, NVIDIA raised its repurchase authorization by $150 billion, per Zacks, leaving $235 billion for future buybacks.
- ■ Supply-chain context: TSMC hit its own all-time high amid early-stage Terafab talks Musk called “Just discussions.”
- ▼ 24/7 Wall St. cautioned fresh highs “can invite profit taking”; David Bahnsen said past capex booms went through “a period where a whole lot of capital got set on fire.”
What the Record Print Actually Says
The verified record is narrow, and it is worth keeping that way. 24/7 Wall St.’s October 5 piece placed the stock “up 2% to $238.30, a level that marks an all-time high,” with shares of NVIDIA “up 28% year to date.” Earlier, on October 2, MarketBeat recorded a pre-peak session that pre-dates the confirmed record: “traded as high as $237.88 and last traded at $233.95.”
Why the Tape Was Strong: Buyback and Reported Fundamentals
MarketBeat reported that “NVIDIA’s $150 billion buyback expansion raised its remaining authorization to approximately $235 billion through 2028,” and Zacks corroborated: “In late September 2026, NVIDIA also increased its share repurchase authorization by $150 billion, leaving a total of $235 billion available for future buybacks.” Zacks’ own data adds that “Q2 revenue jumped 106% year over year to $96.22 billion” and that supplier commitments “reached $279 billion at the end of the second quarter, largely tied to memory procurement.”
Nvidia in the AI Chip Complex
The supply chain around the chip designer was making its own news. Yahoo Finance reported that Taiwan Semiconductor Manufacturing Company stock “rose to an all-time high on Monday” after Elon Musk “acknowledged early-stage talks with Taiwan Semiconductor about a potential collaboration on his Terafab semiconductor initiative.” Musk’s ceiling: “Just discussions, but something may come of it.” These are observations about other companies, not Nvidia price evidence.
Risks and What to Watch
24/7 Wall St. framed the cautious reading: “A record price for NVIDIA stock is where the cautious reading begins, since fresh highs can invite profit taking.” David Bahnsen of the Bahnsen Group, on Bloomberg Businessweek on September 30 per 24/7 Wall St., said, “Every capex intensive boom in history that did work out went through a period where a whole lot of capital got set on fire before it worked out.” MarketBeat’s named risks span “potential margin pressure from supply bottlenecks, concerns about customer financing and accounts receivable, insider selling, and possible regulatory scrutiny linked to reports of restricted-chip shipments to China.” Bitcoin.com News relayed Bitfinex’s view that “Bitcoin’s October gains may depend on continued buying as higher Treasury yields compete for investors’ money.”
What record did Nvidia set?
Per 24/7 Wall St. on October 5, Nvidia hit an all-time high of $238, up 28% in 2026, with the intraday print at $238.30.
What is behind the move?
What is attested: the record itself, the $150 billion buyback expansion reported by MarketBeat and Zacks, and 24/7 Wall St.’s “backed by 106% revenue growth and $108 billion Q3 guidance” framing. Analyst views are attributed opinions, not causes.
What should investors watch?
The watch-items the sources name: profit taking after fresh highs, the capex-boom capital losses Bahnsen described historically, and the higher-Treasury-yield backdrop.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always conduct your own research before making investment decisions.
