Nvidia Shares Drop Below 200-Day Average

Nvidia shares fell below their 200-day moving average after this week’s GTC event failed to revive the stock, trading near $172 and testing a $170 support level while the 200-day sits near $178. CEO Jensen Huang said Blackwell and Rubin could drive as much as $1 trillion in data-center revenue through 2027, even as rising oil, inflation, and Fed caution weigh on markets.
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