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Nvidia Approaches Key Level; Is It A Buy Now?

Nvidia stock approached the 50-day moving average on Wednesday. On Tuesday, shares rose to retake the 21-day exponential moving average amid news that China-based Huawei Technologies is testing an advanced artificial intelligence chip that is comparable to Nvidia's H100. Shares of Nvidia have rebounded from a psychologically important level of 100. Read More...

Nvidia stock approached the 50-day moving average on Wednesday. On Tuesday, shares rose to retake the 21-day exponential moving average amid news that China-based Huawei Technologies is testing an advanced artificial intelligence chip that is comparable to Nvidia’s H100. Shares of Nvidia have rebounded from a psychologically important level of 100.

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