Nvidia shares rose approximately 7.7% to 8.2% in February 2026, adding more than $300 billion in market value in just a few days. This surge was driven by Big Tech’s AI infrastructure spending announcements totaling roughly $650 billion for 2026, including $200 billion from Amazon alone. Wells Fargo raised its Nvidia price target from $265 to $315 with an Overweight rating. Nvidia reached a $4 trillion market capitalization milestone in July 2025. Key catalysts to watch ahead include data center revenue growth and gross margins when Q2 FY2027 earnings are released around August 26.
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