$NVDA
Nvidia Corp (NVDA) stock closed today at $217.56, down 0.99%. In after-hours trading, a slight recovery was seen and it moved up to $218.85 (+0.59%). Overall, after US stocks saw reduced pressure from Treasury bond concerns, the market bounced, which also provided support for NVDA.
In the AI sector, Nvidia is still the biggest player. The company has teamed up with major Wall Street names—Apollo, BlackRock, Blackstone, and Goldman Sachs—to create an AI infrastructure funding platform worth $500 billion. Nvidia has also invested $1.5 billion in SB Energy, which is building a 4.25 GW data center project in Ohio. This move is part of Nvidia’s "circular" AI strategy—where it funds data centers to increase demand for its GPUs.
On the technical side, NVDA is still trading above its 20-day, 50-day, and 200-day moving averages. The next major catalyst is the Fiscal Q2 earnings on 26 Aug. Analysts expect EPS of $2.08 and revenue of $91.9B, which would be 98% YoY growth. BofA has set a target of $350 and called NVDA a "top sector pick."
There are also 1-2 meme tokens listed under the name "NVDA coin," whose price and volume are highly volatile—but the real NVDA refers to the NASDAQ stock of Nvidia Corp.
#NVDA #NVDA/SOL
Nvidia Corp (NVDA) stock closed today at $217.56, down 0.99%. In after-hours trading, a slight recovery was seen and it moved up to $218.85 (+0.59%). Overall, after US stocks saw reduced pressure from Treasury bond concerns, the market bounced, which also provided support for NVDA.
In the AI sector, Nvidia is still the biggest player. The company has teamed up with major Wall Street names—Apollo, BlackRock, Blackstone, and Goldman Sachs—to create an AI infrastructure funding platform worth $500 billion. Nvidia has also invested $1.5 billion in SB Energy, which is building a 4.25 GW data center project in Ohio. This move is part of Nvidia’s "circular" AI strategy—where it funds data centers to increase demand for its GPUs.
On the technical side, NVDA is still trading above its 20-day, 50-day, and 200-day moving averages. The next major catalyst is the Fiscal Q2 earnings on 26 Aug. Analysts expect EPS of $2.08 and revenue of $91.9B, which would be 98% YoY growth. BofA has set a target of $350 and called NVDA a "top sector pick."
There are also 1-2 meme tokens listed under the name "NVDA coin," whose price and volume are highly volatile—but the real NVDA refers to the NASDAQ stock of Nvidia Corp.
#NVDA #NVDA/SOL