On Monday, Nvidia, ranked first in the US stock market in terms of transaction volume, closed up 4.14%, with its stock price reaching a historical high and market value exceeding $3.5 trillion, with a transaction volume of $36.734 billion. Bank of America has upgraded the stock rating of Nvidia. In a newly released report, Bank of America analysts raised the target price for Nvidia stock from $165 to $190. This means that the stock can still rise 38% from its closing price of $138 last Friday. Bank of America analysts point out that the artificial intelligence market will grow exponentially in the coming years, and they say that as the chip giant continues to consolidate its leading position in the market, this will bring "intergenerational opportunities" to Nvidia.