Nvidia's Blackwell GPU holds the potential to dwarf Hopper's revenue in the coming quarters. I discuss what lies ahead for NVDA and where I would buy NVDA stock in 2025.
Blackwell is the word for Nvidia as the AI leader heads into 2025, with multiple configurations and a mid-year upgrade for its new powerful GPU set to ramp significantly over the next few quarters.
Nvidia appears to be setting up for the next swing higher. As long as any further weakness holds over $116, this move should target between $165 - $173, with the potential to reach as high as $193.wave in the historic uptrend that started in October of 2022. This does not mean that the technicals do not support significantly higher prices, it only means that Nvidia will first have to deal with a notable correction in both price and time before it sees those levels.
However, when this sector starts to move against the broad market, it tends to be a warning that volatility is ahead. In fact, every time that the semiconductor sector has made a lower high while the broad market made a higher high – i.e., semiconductors do not confirm the move higher – this preceded some period of volatility since the 2021 top.This pattern can be seen going back to 2000 and consistently warned of weakness.
Nvidia NVDA NVDA Stock Nvidia Blackwell Semiconductors AI Stocks Nvidia Technical Analysis AI Nvidia 2025
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Assetera Lists Backed Finance's Tokenized Trackers for NVIDIA (NVDA), Coinbase (COIN), and S&P 500(SPX)The company has plans to include T-bills, money market funds and other instruments in future.
Read more »
Is Shorting NVDA a Smart Trade in Current Market Conditions?Stocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, NVIDIA Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »
What's Keeping Bitcoin From Extending Bull Run Beyond $100K?Slower inflow of liquidity and risk-off cues from NVDA might be holding back the upside.
Read more »
Nvidia stock sinks 3% after China scrutinizes Mellanox dealNvidia (NVDA) has sold off more than 3% at the front end of Monday after news emerged that the Chinese government has begun an antitrust probe into the leading semiconductor firm.
Read more »
Nvidia stock recovered on Friday as coming chip curbs on China seem less strictFollowing a dismal week of trading for Nvidia (NVDA), shares of the leading designer of chips used in artificial intelligence (AI) computing rose more than 2%.
Read more »
Popular wholesale club set to increase subscription fees for first time in nearly a decadeFind out how much its basic membership plan will be, as well as its Club+ plan.
Read more »