#TradeOfTheWeek #TradeOfTheWeek: Nvidia (NVDA) Surges on AI Momentum
This week’s standout trade is Nvidia (NVDA), which continues its upward trajectory, driven by surging demand for AI chips and data center expansion. Shares climbed over 7% following a bullish earnings forecast and stronger-than-expected Q1 revenue. Wall Street remains optimistic as Nvidia solidifies its position as a market leader in AI infrastructure. Traders are eyeing key resistance at $950, with potential breakout toward $1,000 if momentum holds. With growing institutional interest and favorable macro trends in tech, NVDA is the #TradeOfTheWeek for its robust fundamentals and explosive growth potential.