With American semiconductor giant Nvidia (NASDAQ: NVDA) hitting a new record during Friday’s session, insights from an artificial intelligence model suggest the stock could be on track for another all-time high within weeks.
The prediction comes after Nvidia recorded its latest intraday high on May 8,, when shares climbed to about $217.80. However, the stock later eased slightly to close at $215, still up nearly 2% for the day.
To determine when Nvidia stock might reach another record, Finbold sought insight from OpenAI’s ChatGPT, which outlined several possible scenarios.
ChatGPT identified Nvidia’s upcoming earnings report as the most likely catalyst for another breakout, noting that the chipmaker has historically experienced sharp price swings following earnings releases.
The AI model projected that if Nvidia delivers another strong earnings beat and raises forward guidance, the stock could climb toward the $230 to $245 range shortly afterward.
The forecast also highlighted continued AI infrastructure spending from major technology companies, including Microsoft, Amazon, Meta Platforms, and Alphabet as a key factor supporting Nvidia’s bullish outlook.
According to ChatGPT, Nvidia’s technical structure remains favorable as long as the stock stays above breakout support near $205.
The model noted that momentum indicators are elevated but not yet at the extreme levels that historically preceded major tops, suggesting there may still be room for further upside before a larger correction emerges.
The AI-generated outlook also warned that volatility around Nvidia’s earnings release could increase because the company has become one of the market’s most crowded AI trades.
As a result, even strong earnings could trigger short-term profit-taking if investors believe expectations have become too aggressive.
NVDA stock next high
Even so, ChatGPT’s overall outlook favors Nvidia reaching another all-time high before the end of the second quarter of 2026, likely between late May and mid-June, with earnings guidance and sustained AI demand expected to remain the main drivers of the next rally.
Amid expectations for another record high, market attention is now turning to Nvidia’s scheduled fiscal first-quarter 2027 earnings report on May 20.
Investors are closely watching for updates on the Blackwell ramp-up and the outlook for the Vera Rubin platform.
The company previously guided for Q1 revenue of about $78 billion, excluding Data Center compute sales from China, while analysts expect revenue between $78 billion and $80 billion, alongside non-GAAP EPS of roughly $1.74 to $1.77.
Nvidia’s Data Center segment remains its primary growth engine, driven by strong demand for AI infrastructure and the ongoing rollout of the Blackwell architecture.
CEO Jensen Huang has also highlighted strong demand for both Blackwell and the next-generation Vera Rubin platform, which is expected to begin volume shipments in the second half of 2026.
