NVDA, MU, GOOG Hit 52-Week Highs Today: What Drove These Tech Stocks Higher?

• Nvidia stock soared to a record high of $216.82, surging past a market capitalization of $5.3 trillion. 
• Micron stock climbed to $531.36 on rising Wall Street optimism for AI-specific memory demand.
• Alphabet’s Google hit $350.90 after the U.S. Department of War announced that it had added updated versions of Google’s Gemini models to its AI platform.

Shares of technology giants Nvidia Corp. (NVDA), Micron Technology Inc. (MU), and Alphabet Inc. (GOOG) surged to fresh 52-week highs on Monday, fueled by optimism for artificial intelligence buildouts.

NVDA stock rose more than 4%, climbing to an intraday high of $216.82, while MU stock rose by over 5.5% to $531.36. Meanwhile, GOOG stock hit $350.90 in the day’s trading session before closing nearly 2% higher.

Nvidia Hits Record Market Capitalization

NVDA stock soared to a record high on Monday, surging past a market capitalization of $5.3 trillion and cementing its position as the world's most valuable public company. The company’s shares have almost doubled in value in the last year.

The semiconductor company has been buoyed by strong demand for its products amid an AI buildout, even as capital expenditures by other big tech companies are rising. Nvidia notched more than $68 billion in sales in its latest quarter, an increase of 73% year-over-year, fueled by surging data center revenue. For the upcoming quarter, the company forecast revenue of $78 billion, surpassing Wall Street expectations.

Earlier in the day, LiveRamp announced native support for Nvidia’s infrastructure, upgrading its clean room architecture to handle the world's most compute-intensive AI workloads.

On Stocktwits, retail sentiment around NVDA stock improved from ‘bullish’ to ‘extremely bullish’ territory amid ‘high’ message volumes at the time of writing.

Micron Gets Wall Street Thumbs Up

MU stock notched another record, climbing on optimism over unprecedented demand for AI-specific memory hardware and long-term optimism. Earlier on Monday, Melius Research initiated coverage of the company with a ‘Buy’ rating and $700 price target, indicating an upside of about 33.5% from its last close.

Analyst Ben Reitzes said the firm views memory companies as core to its AI coverage and believes the AI memory cycle may continue through the end of the decade. The analyst added that the market will eventually be willing to pay more for the "unusual durability of the margin and demand profiles" that AI makes possible across high bandwidth memory, DRAM and NAND, and hence initiated a ‘Buy’ coverage on Micron.

The memory chipmaker’s second-quarter 2025 revenue nearly tripled to $23.86 billion after soaring past analysts’ expectations. Meanwhile, on Stocktwits, retail sentiment around MU stock improved from ‘bearish’ to ‘neutral’ territory amid ‘normal’ message volumes at the time of writing. MU stock has gained more than 567% in the last year.

Alphabet Surges On Pentagon Addition

On Monday, the U.S. Department of War announced that it had added updated versions of Google’s Gemini models to its AI platform. The new models significantly reduced hallucinations, improved output quality, and accelerated productivity, giving warfighters more time to focus on mission-critical tasks, the Pentagon said.

The Pentagon and Google are also reportedly in discussions over a classified AI deal. According to the report, Alphabet’s Google has proposed additional terms to prevent its AI from being used for domestic surveillance or for autonomous weapons without human oversight. In February, all federal agencies of the U.S. government had stopped using Anthropic’s technologies. The tech giant is also slated to report its first-quarter 2026 earnings on Wednesday.

On Stocktwits, retail sentiment around GOOG shares improved from ‘bearish’ to ‘neutral’ territory amid ‘high’ message volumes at the time of writing. Meanwhile, the stock has gained more than 114% in the last year.

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