Crazy Nvidia has hit its first record high since May, taking its market value to roughly $5.7 trillion, Bloomberg reports.

Shares gained 2.9% on Friday, extending a nearly 25% rebound from their late-July low.

Bloomberg links the recovery to optimism that AI agents could drive greater chip demand. Nvidia also announced a record $150 billion increase in its share-buyback authorization on Monday.

NVIDIA is the biggest winner of the AI revolution. Mark my words: it will be the first $10 trillion company in the world, possibly as early as 2027.