Nvidia shares have experienced a significant rally, climbing 25% over the past month and approaching an all-time high, primarily driven by increasing demand for its new Blackwell chips. Analysts are optimistic about the company's future, with predictions of major revenue beats as the AI trade continues to fuel investor interest. Nvidia's market cap has soared past Microsoft, making it the world's second-largest company, and it could overtake Apple soon. The strong performance has led to several updated buy ratings from firms like Citi and UBS. With ongoing high demand for its AI technology, many investors are looking forward to Nvidia's potential further growth, especially as the company gears up for 2025.