⬤ Nvidia is trading higher ahead of the U.S. market open, with pre-market prices hitting $190.30—up $1.69 or 0.90%. The stock is set to open back above the $190 level following headlines about a $20 billion deal involving Groq.
⬤ The pre-market chart shows a sharp upward move in the 24-hour trading window. As one of the most closely watched tech names, NVDA is seeing renewed buying interest as it pushes back above the key $190 threshold.
⬤ This recovery marks a bounce from recent weakness in NVDA shares. With the stock now holding above $190 in early trade, the question is whether it can sustain this momentum once regular trading begins and how investors digest the Groq deal announcement.
Usman Salis
Usman Salis