Nvidia Corp. (NVDA) shares surged to a record high of $240.10 on Monday, driven primarily by BNP Paribas raising its price target from $285 to $345 while maintaining an 'Outperform' rating. The analyst firm cites Nvidia's competitive moat in CUDA software, NVLink networking, and Blackwell processors as key drivers, noting a strategic shift in demand toward AI inference workloads. This bullish outlook implies approximately 44% upside from Monday's closing price. The article highlights that Nvidia is expanding its ecosystem by investing in major AI companies such as OpenAI, Anthropic, and xAI, reinforcing its position as a central player in the current AI boom. Retail investor sentiment on Stocktwits shifted significantly to 'bullish' following these developments. The stock has gained over 2% for the session and is part of a broader rally where Nvidia, alongside TSMC and Warner Bros. Discovery, hit fresh 52-week highs. Nvidia's strong performance is supported by record sales and profits, with the company leveraging its hardware and software stack to capture growing market share in AI infrastructure. The firm sees sustained demand as workloads evolve from training to inference, a critical transition for the sector. These factors collectively fueled the stock's ascent to new all-time highs.