Nvidia NVDA stock price stayed firm above short-term moving averages, signaling ongoing bullish sentiment. Traders look to volume confirmations to validate potential breakout patterns toward higher price targets. This year, Nvidia expects data center capital expenditures to reach $600 billion globally. By 2030, that figure is expected to reach $3 trillion to $4 trillion. That's monstrous growth, and if that pans out, the company clearly has more room to run. While TSMC has seen its stock price soar amid the booming demand for its chip manufacturing services, its valuation is still attractive. Shares of the company trade for about 28 times expected earnings. Considering TSMC's management expects sales to climb at a 20% compound annual growth rate between 2025 and 2029 while maintaining a strong margin profile, that's a great price to pay for the stock. Nvidia NVDA stock price recently tested key support at $1,140 before bouncing, reflecting healthy market rotations. Options flow shows higher call activity, implying traders anticipate short-term rallies driven by AI sector demand spikes.
