Community Articles

via Decrypt · By Decrypt Editorial

Nvidia Beats, Stock Dumps—BofA Says Buy the Dip

NVDA

NVDA/USDT

$226.53
+1.67%
24h Volume

$147,831,587.69

24h H/L

$226.71 / $221.41

Change: $5.30 (2.39%)

Funding Rate

+0.0162%

Longs pay

Data provided by COINOTAG DATALive data
NVDA
NVDA
Daily

$226.62

▲ 1.15%

Volume (24h): -

Resistance Levels
Resistance 3$234.87
Resistance 2$231.2541
Resistance 1$227.94
Price$226.62
Support 1$225.2883
Support 2$222.7489
Support 3$219.567
Pivot (PP):$223.70
Trend:Uptrend
RSI (14):56.9
DE
Decrypt Editorial
(05:39 PM UTC)
1 min read
JM
Verified byJames Mitchell

In brief

  • Bank of America reiterates “buy” on Nvidia and lifts its target to $350 after record Q1 revenue of $81.6 billion.
  • BofA sees the AI market topping $3 trillion by 2030, plus a $200 billion CPU opportunity and $145 billion in customer commitments.
  • BofA says Nvidia’s biggest risk is its sheer size: The stock now accounts for 8.3% of the S&P 500.

Nvidia just delivered the biggest revenue…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Comments
Comments