Stock prices in chip specialist Nvidia reached a new peak last week, bringing them up to nearly $40, reported The Inquirer. 

The company’s success is being lauded by Wall Street publications. 

Cramer, an analyst at US television network NBC added Nvidia to his list of suggested buys. In his column for The Street, Cramer said Nvidia is "one of a handful of tech stocks that have momentum. [It is] one of the few winners in the PC supply chain".

Credit Suisse also highlighted Nvidia’s success in its Disruptive Technology Portfolio, claiming that it held the fastest growing stock last week, outperforming other big name firm’s such as Apple and Ebay.