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via Decrypt · By Decrypt Editorial

Nvidia Beats, Stock Dumps—BofA Says Buy the Dip

NVDA

NVDA/USDT

$196.25
+3.31%
24h Volume

$127,747,621.28

24h H/L

$197.47 / $188.92

Change: $8.55 (4.53%)

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
NVDA
NVDA
Daily

$196.27

2.53%

Volume (24h): -

Resistance Levels
Resistance 3$208.7764
Resistance 2$202.8031
Resistance 1$198.6875
Price$196.27
Support 1$194.8457
Support 2$189.6201
Support 3$177.5667
Pivot (PP):$193.0133
Trend:Downtrend
RSI (14):43.2
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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