Looking at Nvidia’s current momentum and the broader market environment, I believe the stock has a solid chance of crossing $140 this week. Nvidia is riding high on its dominant position in AI, data centers, and GPU markets, which are driving growth. That said, short-term pullbacks are always possible given market volatility, especially after such rapid gains.
If there’s a pullback, I don’t think it would be dramatic, as investor sentiment around Nvidia remains very positive due to its long-term growth potential. My opinion is that Nvidia will likely hover around the $140 range, but the upside potential is still significant given their strategic focus areas like AI and cloud computing.
In the short term, if broader tech stocks or the market face pressure, Nvidia could temporarily dip below $140. However, the overall trend looks bullish unless there’s a broader market correction.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
