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Nvidia shares hit a new record on Thursday, rising over 3% to an intraday high of $140.89 before closing at $136.93, fueled by renewed investor interest in the AI sector. This new high surpassed the previous record set in June, as Nvidia’s stock has surged 180% year-to-date. The boost follows strong third-quarter earnings from Taiwan Semiconductor Manufacturing Company, Nvidia’s chip producer, and growing demand for Nvidia’s GPUs from major tech companies like Microsoft, Meta, and Google, which are using them for AI projects. Nvidia’s upcoming AI GPU, Blackwell, is expected to drive significant revenue in the fourth quarter.