Nvidia (NVDA) stock continued to tick higher Thursday, rising 1.1% in early trading after notching a record high above $154 the prior day. The gains come amid bullish predictions for the AI chip market on Wall Street.

Nvidia (NVDA) stock rose to its record high, surging past the $150 price level yesterday, June 25. It has been a remarkable turnaround for the chip designing giant as the stock briefly plunged below $100 in April amid the tariff chaos,

Nvidia's stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.