๐ $NVDA Update
NVDA is around $223.67, down about 0.9% in the latest session.
๐ข Bullish: Nvidia remains dominant in AI chips, with its latest quarterly data-center revenue reported at $89B.
โ ๏ธ Risk: The DOJ is investigating Nvidiaโs $17B Groq licensing deal, adding regulatory uncertainty.
๐ Broader pressure is also coming from higher oil prices and Treasury yields.
My view: NVDA remains fundamentally strong, but short-term volatility is elevated. Iโd watch the $220 area closely; holding it could support a rebound, while losing it would weaken near-term momentum.
#NVDA #Nvidia #AI #Stocks #TradingCommunity $NVDAB
NVDA is around $223.67, down about 0.9% in the latest session.
๐ข Bullish: Nvidia remains dominant in AI chips, with its latest quarterly data-center revenue reported at $89B.
โ ๏ธ Risk: The DOJ is investigating Nvidiaโs $17B Groq licensing deal, adding regulatory uncertainty.
๐ Broader pressure is also coming from higher oil prices and Treasury yields.
My view: NVDA remains fundamentally strong, but short-term volatility is elevated. Iโd watch the $220 area closely; holding it could support a rebound, while losing it would weaken near-term momentum.
#NVDA #Nvidia #AI #Stocks #TradingCommunity $NVDAB