Nvidia stock price is consolidating
Nvidia stock price is consolidating, with volumes slightly below average. Traders are watching the $1,200 psychological level as a pivot point for the next directional move, especially ahead of Q2 earnings announcements. There is a ton of money flowing into AI infrastructure, and Nvidia grabs the largest slice of the pie of anyone operating in this space. This makes it a no-brainer buy right now, and investors should be happy to have paid today's price years down the road. While Nvidia and SoftBank Invest Billions in Intel, You Should Consider Buying This Rival Semiconductor Stock Instead was originally published by The Motley Fool Nvidia stock price near $1,192 signals strong market confidence. Traders remain attentive to bond yields, as lower yields could trigger further rotation into high-growth tech leaders like Nvidia.
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