Saad Ullah
Nvidia just did it again. The chipmaker blew past its previous peak and is now worth more than $4.5 trillion, making it the most valuable tech company on the planet.
The Breakout Everyone Was Waiting For
As Barchart pointed out, this isn't just another green day - it's confirmation that Nvidia's AI dominance is only getting stronger. The stock closed at $186.58, up 2.60%, and the technical picture couldn't look cleaner.
The chart tells the story. Nvidia finally punched through resistance at $185 after trading sideways for weeks in the $170-$180 range. What makes this move legit? Volume spiked hard, meaning big institutional money is piling in, not just retail hype. That old resistance around $185 is now support, which sets up a clean path toward $190 and possibly $200 if momentum holds.
Why Nvidia Keeps Winning
The AI boom isn't slowing down - it's accelerating. Companies are burning cash to build out GPU infrastructure, and Nvidia is the only game in town for high-end chips. Data center revenue keeps smashing expectations quarter after quarter. Investors aren't just betting on Nvidia - they're betting on the entire AI revolution, and Nvidia is the pick-and-shovel play everyone wants. Market sentiment is overwhelmingly bullish, with traders viewing any dip as a buying opportunity.
Nvidia's sitting pretty above $4.5 trillion, and the trend is your friend. Key support to watch is $180 - if that holds, we're looking at a potential run to $190 or even $200. The long-term picture stays bullish as long as AI infrastructure spending continues at this pace. Sure, volatility could hit at these nosebleed valuations, but the demand story is too strong to ignore. Nvidia isn't just riding the AI wave - it's building the surfboards.
Saad Ullah
