Peter Smith
Nvidia (NVDA) continues to make headlines as its share price surges to new all-time highs. The AI-driven rally is not only rewriting valuation records but also positioning Nvidia as one of the most valuable public companies in the world. The chart shows a clear breakout, and the market is watching closely.
NVDA Price Hits $166.15 as RSI Surpasses 76
The NVDA stock closed at $166.15, climbing sharply in recent sessions. As seen on the chart, the price has moved significantly above its long-term moving average (200-day MA at ~$131.57) and is currently in a strong uptrend.
The Relative Strength Index (RSI) now sits at 76.16, indicating that Nvidia is in overbought territory. While this may suggest caution ahead, strong momentum and institutional buying continue to support higher valuations.
Nvidia Now Worth More Than Entire U.S. Energy Sector
Nvidia's market cap has reached historic proportions. It now exceeds the total valuation of the entire U.S. energy sector, all U.S.-listed REITs, and the consumer staples sector. Even more impressive, Nvidia’s valuation equals 80% of all U.S. industrials combined.
The AI boom and relentless demand for Nvidia’s GPUs in machine learning and data centers are driving this parabolic growth. With NVDA now larger than the UK’s FTSE All-Share Index, the stock is increasingly viewed not just as a tech play but as a macroeconomic force.
Peter Smith
