Friday’s "stock price NVDA" opened at $878 after a strong weekly performance. Supply chain checks from Taiwan suggest stable GPU production, reducing delivery risk. Moving averages indicate a bullish crossover, often a precursor to further price acceleration. A backstop agreement is a safety net -- a guarantee that a company will step in as a buyer of last resort if things don't go according to plan. Many of these deals have involved the guarantee of a lease. If, say, Microsoft agreed to provide a $1 billion backstop for a lease between a data center operator and a cloud provider, the data center operator will be made whole if the cloud provider fails to pay its lease (up to a maximum of $1 billion). I agree to TipRanks Terms of use and Privacy Policy The "stock price NVDA" climbed to $882 in pre-market, supported by bullish sentiment in semiconductor sector ETFs. Short-term technicals display a breakout from the $860 resistance, suggesting momentum toward $900 if volume sustains. Institutional flows remain heavily weighted toward long positions.