With an American Semiconductors giant Nvidia (Nasdaq: NVDA) setting a new record during Friday’s session, insights from artificial intelligence The model suggests the stock could be on track to hit another all-time high within weeks.
This prediction comes after Nvidia hit an intraday high on May 8, when shares rose to around $217.80. However, the stock later pulled back slightly to close at $215, still up about 2% on the day.
To determine when Nvidia stock might reach another record high, Finbold sought insight from… OpenAI ChatGPTwhich identified several possible scenarios.
ChatGPT has identified Nvidia’s upcoming earnings report as the most likely catalyst for another breakout, noting that the chipmaker has historically seen sharp price swings following earnings releases.
The AI model predicted that if Nvidia turns in another strong profit and raises forward guidance, the stock could rise toward the $230 to $245 range soon after.
The forecast also highlighted continued spending on AI infrastructure from major companies technology Companies, including Microsoft, Amazon, Meta Platforms, and Alphabet as a major factor supporting Nvidia’s bullish outlook.
According to ChatGPT, Nvidia’s technical structure remains favorable as long as the stock remains above breakout support near $205.
The model indicated that momentum indicators are high but have not yet reached the extreme levels that preceded major peaks historically, suggesting that there may still be room for further upside before a larger correction emerges.
The AI forecast also warned that volatility surrounding Nvidia’s earnings release could increase as the company becomes one of the busiest AI deals on the market.
As a result, even strong earnings can lead to short-term profit taking Investors We think the outlook has become too aggressive.
NVDA stock is next up
However, ChatGPT’s outlook favors Nvidia reaching another all-time high before the end of Q2 2026, likely between late May and mid-June, with earnings guidance and continued AI demand expected to remain the main driver of the next rally.
Amid expectations of another record high, market attention now turns to Nvidia’s fiscal 2027 first-quarter earnings report scheduled for May 20.
Investors are closely monitoring updates regarding Blackwell’s growth and the future outlook for the Vera Rubin platform.
The company had previously guided for first-quarter revenue of about $78 billion, excluding data center compute sales from China, while analysts expect revenue of between $78 billion and $80 billion, along with non-GAAP EPS of about $1.74 to $1.77.
Nvidia’s data center segment remains the primary growth driver, driven by strong demand for AI infrastructure and the continued rollout of the Blackwell architecture.
CEO Jensen Huang also highlighted strong demand for both Blackwell and the next-generation Vera Rubin platform, which are expected to begin large shipments in the second half of 2026.
