- summary:
- The price of NVIDIA shares is subject to installation pressure after the revelation that it may lose $ 5.5 billion in US -Chinese commercial barriers.
The NVIDIA share price ended on Tuesday at the highest level, closed at $ 112.20 with daily gains by 1.35 %. However, less than $ 110 erupted in the pre -market session on Wednesday, when investors’ reaction was to a negative look at its Chinese market. The arrow is likely to face pressure in the coming days as the impact of trade war bites between the United States of China. NVIDIA (NASDAQ: NVDA) decreased by 5.4 % last month and decreased by 17.5 % on an annual basis.
Despite the turbulent environment in the global market, NVIDIA has strong basics. The company’s control of the global artificial intelligence market is about 80 %, and the demand for Cuda and GPUS Blackweell is expected to remain in the upward path for the expected future.
However, the NVDA price is likely to face great pressure when the markets open on Wednesday. The company announced on Tuesday that it may take 5.5 billion dollars from the Chinese trade war and the United States. NVIDIA says that the United States government told her last week that the export of H20 chips to China China and Hong Kong would require permits for the “unspecified future”.
This step is translated into high -quality charges for high -quality chips, whose request remains strong despite the launch of Blackwell. Despite the great losses, the NVIDIA share price may overcome the storm in the medium and long term. The company has published expected profits over the past two years, and its strong public budget should be placed in shock.
NVIDIA share price prediction
The NVIDIA shares axis is preferred at $ 106 and the momentum index prefers sellers to stay in control if the procedure remains less than this level. This first support that was created at $ 100 will be witnessed. In addition, the stronger landmark can take the lowest price to test 95 dollars.
On the contrary, a break of less than $ 106 will turn the momentum into the upper direction. The arrow is likely to fulfill the initial resistance at $ 112. The bullish narration will be invalid if the price exceeds this level. Also, expanded control by buyers can extend the gains for a $ 118 test.
