- summary:
- The Broadcom’s optimistic profit report gave NVIDIA a lifeline in the midst of a basic battle against commercial tariff tensions.
The NVIDIA share price rose on Friday, and collided with the profit news expected by the competition of AI, Broadcom. The stock increased by 1.3 % and traded at $ 112.30 at the time of writing this report, as investors got Broadcom as a sign of strong basics in the artificial intelligence chips market.
Broadcom, the company that dominates the application’s integrated department (ASIC) market, has reported revenues of $ 14.92 billion, overcoming the average expectations of Wall Street, which amounted to $ 14.61 billion for the first quarter of 2025. Semiconductor revenues increased by 11 % year on an annual basis to 8.2 billion dollars. Artificial intelligence revenues were the largest growth zone, with 77 % on an annual basis to $ 4.2 billion, confirming a strong positive look at the NVIDIA share price.
Despite the brief disorder that Deepseeek brought, NVIDIA sales are likely to remain in the upward trend, with its customers unlikely to slow down in Alphabet, Microsoft and Meta are their appetite for high -performance AI graphics processing units this year. Hoever, there are fears that increasing commercial tariff tensions can determine the investment environment and disrupt the general absorption of sediments through the technology industry.
However, momentum indicators indicate a weakness in the NVIDIA share price. The shares are trading less than the weighted moving average (VWMA). In addition, it is less than the main daily moving averages, including 10, 20, 50 and 100 SMA levels. The continuous procedure without these levels indicates the capabilities of Limitedupside.
NVIDIA share price prediction
Axis NVIDIA share price at $ 110.85 and working above this level will prefer buyers to stay in control. The immediate resistance is likely to be at $ 114.30, but this barrier can be broken if the upward momentum is strengthened. It can take an extended control component by buyers to the highest to test 117.80 dollars.
On the other hand, the transition to less than $ 110.85 will indicate a transformation on the negative side. This first support can be seen at $ 108.65. Moreover, the bullish narration will be invalid if the price decreases below this level. This may lead to an extended decrease in a 105.75 dollar test.
