This Week at Nvidia. Jul 2 2025
2nd Jul 2025. Welcome to This Week at Nvidia, your comprehensive source of the latest developments surrounding Nvidia Corporation
Nvidia Stock Hits Record Highs Amid Strong AI Demand
Nvidia achieved a remarkable milestone this week, with shares closing at a record high of $154.31 on Wednesday, June 26, marking the company's strongest performance since January. The stock extended gains to reach an intraday peak of $157.99 on June 30, helping the chipmaker reclaim its position as the world's most valuable company with a market capitalization of $3.77 trillion. The rally represents a stunning 39% surge over the past 90 days, lifting the stock 14.1% above its year-opening levels.
The breakthrough performance comes despite ongoing challenges with China export restrictions, demonstrating Wall Street's confidence in Nvidia's AI dominance. The company's resilience is particularly noteworthy given that it has been effectively barred from the world's second-largest economy following new U.S. government regulations implemented in April. Market analysts have responded positively to the rally, with Loop Capital's Ananda Baruah raising his price target to $250 - the highest on Wall Street - implying a potential $6 trillion market valuation. The consensus among 66 analysts covering Nvidia remains strongly bullish, with 58 recommending buying and a collective 12-month price target of $173.92.
The record-breaking performance reflects broader confidence in the AI infrastructure market, which analysts project could reach $2 trillion by 2028. Veteran fund manager Dan Versace has also raised his Nvidia price target to $185, citing strengthening demand signals for AI accelerators and data center chips. The stock's momentum has been further supported by the company's successful navigation of geopolitical headwinds and continued investment in next-generation Blackwell architecture.
Major Insider Sales as CEO and Executives Cash Out $1 Billion
Nvidia insiders have executed significant stock sales totaling over $1 billion in the past year, with approximately $500 million sold in the last month alone as shares reached new peaks. CEO Jensen Huang led the selloff with transactions totaling more than $35.2 million across June 27 to July 1, selling shares at prices ranging from $152.23 to $158.46. The largest single transaction involved 49,070 shares sold at $157.78, representing over $7.74 million in value, though this represents only 0.2% of Huang's substantial holdings of over 75 million shares.
The Rosemary and A Brooke Seawell Revocable Trust also participated in the selling wave, offloading 357,351 shares worth approximately $55.9 million in June, followed by an additional planned sale of 51,740 shares on July 1 valued at around $8 million. Combined with Huang's sales of 225,000 shares in late June, total insider sales over a two-week period reached 429,091 shares, generating $63.9 million in proceeds. Despite the substantial dollar figures, these transactions represent just 0.0017% of Nvidia's 24.4 billion outstanding shares, a negligible fraction given the company's massive float.
Importantly, these sales are being executed under pre-arranged Rule 10b5-1 trading plans, which allow structured selling without violating insider trading laws. Huang's trading plan, established in March 2025, permits him to sell up to 6 million shares by year-end, potentially earning over $900 million at current share prices. Market analysts note that these are routine wealth management moves rather than reactions to internal concerns, particularly given that the plans were set up months before the recent stock price surge. With Nvidia's average daily trading volume exceeding 30 million shares, the market has easily absorbed these transactions without meaningful price pressure.
HPE & Nvidia Expand AI Factory Partnership
Hewlett Packard Enterprise and Nvidia unveiled a significant expansion of their AI infrastructure partnership at HPE Discover 2025 in Las Vegas, introducing a comprehensive suite of AI factory solutions built around Nvidia's cutting-edge Blackwell architecture. The collaboration, branded as "Nvidia AI Computing by HPE," combines Nvidia's latest technologies including Blackwell accelerated computing, Spectrum-X Ethernet, and BlueField-3 networking with HPE's server, storage, software, and services ecosystem. The expanded portfolio introduces modular infrastructure and turnkey platforms, including HPE's new AI-ready RTX PRO Servers and the next generation of HPE Private Cloud AI.
The partnership centers on the Premier integration of Nvidia's Blackwell Ultra GB300 family of GPUs, designed to enhance AI inference efficiency with 1.5 times the memory capacity of previous models. HPE's new offerings include the XD690 with Blackwell Ultra GPUs, specifically engineered for scaling generative and agentic AI workloads. The integrated solutions aim to remove the complexity of customers having to compile a full AI tech stack independently when building modern AI-ready data centers. HPE CEO Antonio Neri emphasized the transformative potential, stating that "generative, agentic and physical AI have the potential to transform global productivity and create lasting societal change, but AI is only as good as the infrastructure and data behind it".
The partnership has already secured significant enterprise adoption, with KDDI planning to deploy Nvidia AI infrastructure in Japan, while HPE and Accenture will collaborate on testing agentic AI workflows for financial services applications. HPE's "Unleash AI" program has expanded to include over 70 pre-packaged AI solutions and 26 new partners, targeting cybersecurity, video analytics, and sovereign AI deployment.
To encourage adoption, HPE has launched a "try and buy" program, allowing prospective customers to experience Private Cloud AI capabilities through Equinix's data center network before making commitments. The collaboration represents a strategic move to challenge existing hyperscale cloud providers by offering comprehensive turnkey AI solutions.
Quarterly Dividend Processed
Nvidia completes its quarterly dividend distribution on July 3, 2025, paying $0.01 per share to shareholders of record as of June 11, 2025. The dividend payment represents the company's continued commitment to returning capital to shareholders despite its aggressive investment in AI infrastructure and research and development. With the current stock price, the dividend yield remains modest at approximately 0.03%, reflecting the company's growth-focused strategy and shareholders' preference for capital appreciation over income.
The dividend payment comes at a time when Nvidia has significantly increased its capital returns to shareholders through share repurchases. During the first half of fiscal 2025, the company returned $15.4 billion to shareholders through a combination of share repurchases and cash dividends. The board has shown strong confidence in the company's future prospects by approving an additional $50 billion in share repurchase authorization without expiration, demonstrating management's commitment to capital allocation. As of the end of the first quarter, Nvidia had $7.5 billion remaining under its previous share repurchase authorization.
The modest dividend reflects Nvidia's strategic priority of reinvesting cash flow into research and development, capital expenditures, and strategic initiatives to maintain its competitive edge in the rapidly evolving AI market. The company's capital allocation approach has been well-received by investors who recognize that Nvidia's growth trajectory and market opportunities justify prioritizing reinvestment over higher dividend yields. The consistency of dividend payments provides income-focused shareholders with regular returns while allowing the company to maximize long-term value creation through strategic investments in next-generation technologies and market expansion.
Saudi Partnership Delivers 18,000 Blackwell Chips for Mega AI Data Centers
Nvidia has finalized a landmark agreement with Saudi Arabia's Humain, backed by the kingdom's Public Investment Fund, to supply 18,000 units of its newest GB300 Blackwell chips as part of an ambitious 500-megawatt AI data center development project.
The partnership, announced during the Saudi-U.S. Investment Forum in Riyadh, represents a crucial advancement in Saudi Arabia's Vision 2030 initiative to diversify the economy and establish the kingdom as a global AI leader. The first phase deployment will feature an 18,000-unit Nvidia GB300 Grace Blackwell AI supercomputer utilizing Nvidia InfiniBand networking technology, with plans to incorporate several hundred thousand Nvidia GPUs across multiple facilities over five years.
The collaboration positions Saudi Arabia at "the front of the line" for global chip access, according to Wedbush Securities analyst Dan Ives, who characterized the agreement as pivotal in the ongoing international AI competition. Nvidia CEO Jensen Huang praised the kingdom's strategic vision, stating that "AI, like electricity and internet, is essential infrastructure for every nation," while emphasizing the partnership's role in building sovereign AI infrastructure for Saudi companies and citizens. The data centers will support Arabic-language large language models and multimodal AI applications capable of processing voice, image, and text inputs, with objectives including smart city frameworks, autonomous logistics, and defense technologies.
The partnership extends beyond hardware supply to include comprehensive AI ecosystem development. Humain will deploy Saudi Arabia's first Nvidia Omniverse Cloud to simulate and test physical AI solutions with digital twins, while Nvidia will train thousands of developers with accelerated computing and AI skills. Additionally, Nvidia and the Saudi Data & AI Authority will deploy up to 5,000 Blackwell GPUs for sovereign AI development.
The agreement follows similar Middle Eastern investments from the UAE and Qatar, reflecting the region's aggressive push to establish AI leadership. The initiative represents one of the largest sovereign AI infrastructure investments globally and demonstrates the strategic importance of securing advanced chip supplies amid ongoing geopolitical tensions.
Financial Services Innovation Through UK Regulatory Sandbox Partnership
Nvidia has partnered with the UK's Financial Conduct Authority (FCA) to launch the "Supercharged Sandbox," an innovative regulatory framework that enables financial services companies to experiment with artificial intelligence using Nvidia's computing platform and software infrastructure.
The collaboration provides firms with access to enhanced data capabilities, technical expertise, and regulatory support to accelerate AI innovation within a secure testing environment. The sandbox is designed to help companies that want to test AI applications but lack the necessary technical capabilities or regulatory guidance to do so independently.
The initiative represents a significant step in regulatory innovation, offering financial services firms the opportunity to explore AI solutions while maintaining compliance with industry standards. Jessica Rusu, the FCA's Chief Data, Intelligence and Information Officer, emphasized that the collaboration will help firms harness AI to benefit markets and consumers while supporting broader economic growth. The program is open to any financial services firm seeking to experiment with AI, providing access to Nvidia's full-stack accelerated computing platform within a regulatory-approved framework.
Dr. Jochen Papenbrock, EMEA Head of Financial Technology at Nvidia, highlighted the transformative potential of AI in financial services, noting that the technology is "fundamentally reshaping the financial sector by automating processes, enhancing data analysis, and improving decision-making, which leads to greater efficiency, accuracy, and risk management across a wide range of financial activities". The sandbox addresses a critical market need by providing smaller financial firms with access to enterprise-grade AI infrastructure that would otherwise be prohibitively expensive or complex to implement.
This regulatory partnership model could serve as a template for similar initiatives in other jurisdictions, potentially accelerating AI adoption across the global financial services industry while maintaining appropriate oversight and consumer protection standards.
Thank you for joining us for "This Week at Nvidia." Stay tuned for next week's edition for more insights into the latest developments shaping Nvidia and the broader tech ecosystem.