NVDA, RTX, BWEN Stocks Hit Fresh 52-Week Highs Today: What’s Driving Them Higher?

• Nvidia rallied after CEO Jensen Huang joined President Donald Trump’s China delegation ahead of the Trump-Xi summit.
• RTX gained after Collins Aerospace expanded radar production and Raytheon secured a new missile defense contract.
• Broadwind surged after reporting stronger-than-expected Q1 results and record backlog growth on the back of AI-driven power demand.

Shares of Nvidia (NVDA), RTX Corp. (RTX) and Broadwind (BWEN) hit fresh 52-week highs on Tuesday as investors rotated into AI infrastructure, defense tech and power generation stocks amid rising global energy demand. 

On Tuesday, NVDA and RTX gained 1% and 0.2%, respectively, while BWEN skyrocketed 117%. 

Trump-Xi Summit Boosts NVDA Buzz Ahead Of Earnings

Shares of NVDA gained as investors doubled down on the AI chip giant ahead of its earnings due next and closely watched CEO Jensen Huang’s participation in U.S. President Donald Trump’s China trip. Bloomberg reported that Huang joined Trump’s Beijing delegation as a last-minute addition after Trump personally invited him to board Air Force One during a stop in Alaska.

The development reignited investor optimism around Nvidia’s China business and the possibility of improving U.S.-China AI trade relations, particularly after months of uncertainty surrounding export controls on advanced chips. Trump said he planned to ask Chinese President Xi Jinping to “open up” China further to U.S. tech companies, while Nvidia said Huang was attending “to support America and the administration’s goals.”

Nvidia shares also received fresh backing from Wall Street ahead of its results. Susquehanna hiked its price target on Nvidia to $275 from $250, implying a 25% upside from current levels, while maintaining a ‘Positive’ rating. The brokerage said that the GB300 ramp remains strong ahead of the upcoming Vera Rubin launch later this year and expects improving results and guidance as next-gen AI infrastructure deployments accelerate.

Wells Fargo also lifted its price target to $315 from $265, implying a 43% upside from the stock’s last close, and maintained an ‘Overweight’ rating. The bank said Nvidia’s valuation remains attractive despite concerns about margins and market share, arguing that durable AI demand and long-term earnings growth continue to support the stock.

Adding to bullish sentiment, cybersecurity company Fortinet said on Tuesday that it is accelerating its FortiAIGate security platform using Nvidia’s AI infrastructure and Blackwell GPUs to secure AI workloads, autonomous agents and large language models in real time.

Defense Spending Momentum Lifts RTX

Shares of RTX surged as investors continued rotating into aerospace and defense stocks amid rising geopolitical tensions and growing military spending. On Monday, Collins Aerospace, an RTX unit, announced a $26.5 million expansion of its Largo, Florida, facility to increase production of commercial aviation radars and defense security systems. The company said the expansion will create more than 100 skilled jobs and support production tied to the Federal Aviation Administration’s Radar System Replacement Program.

RTX unit Raytheon also announced a new contract with Mitsubishi Heavy Industries to provide SeaRAM ship defense systems for Australia’s Sea3000 General Purpose Frigate program. The systems can defend naval vessels against cruise missiles and advanced airborne threats.

Investor sentiment around RTX also remained elevated after last week’s announcement that Raytheon and Rocket Lab were selected by the U.S. Space Force to demonstrate capabilities for its Space Based Interceptor program focused on countering hypersonic missile threats.

AI Data Center Boom Fuels BWEN Rally

Shares of BWEN drew attention after the industrial manufacturer reported stronger-than-expected first-quarter (Q1) results and highlighted strong demand for AI data centers and natural-gas power generation. Broadwind posted Q1 revenue of $34.06 million, topping analyst estimates of $32.72 million, while reporting total orders of $37.4 million.

“We see the continuing strength in incoming orders from the power generation sector as the beginning of a super cycle for which we are prepared,” CEO Eric Blashford said on the conference call.

The company said that gearing revenue rose over 40% from the previous year, while industrial solutions revenue increased more than 60%, driven largely by demand for natural gas turbine components. Broadwind also said orders in its gearing segment jumped 66%, while the industrial solutions backlog hit a record $43.3 million.

The company also said it is exiting the wind tower business and repositioning itself toward higher-margin precision manufacturing businesses related to power generation, aerospace, defense and critical infrastructure. Broadwind also noted opportunities in defense, aerospace, natural gas turbines and grid infrastructure modernization as key long-term growth drivers.

How Do Retail Traders Feel About NVDA, RTX, And BWEN?

On Stocktwits, retail sentiment toward NVDA and BWEN was ‘extremely bullish,’ with message volume at ‘high’ and ‘extremely high,’ respectively, while sentiment toward RTX was ‘bearish’ amid ‘high’ message volume. 

Over the past year, NVDA has gained 18% and BWEN has surged 56%, while RTX has slipped 2%. 

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