Stock price for nvidia trades at $123

Stock price for Nvidia trades at $123.02, showing resilience against broader market volatility. Technical indicators suggest RSI remains in a neutral zone with upside bias. It also gives Nvidia a buffer and offloads risk. Nvidia gets to reap the benefits of supplying the AI data center build-out without directly spending its own money to build capacity and drive demand. It lets CoreWeave do so instead. That means it's CoreWeave that is spending enormous amounts of its cash -- and the cash it has borrowed -- to build capacity. During a press interview announcing the Nvidia-Intel deal, Nvidia CEO Jensen Huang praised TSMC, saying, "I just can't overstate the magic that is TSMC." He noted there are no plans for Nvidia to stop working with the Taiwanese company anytime soon. Nvidia’s latest stock price stands at $124.32, with analysts noting PE ratio expansion as markets factor in AI infrastructure demand that outpaces most technology sector growth forecasts.