Nvidia stock surges to $162 as $4 trillion milestone fuels AI rally
The company’s success is further reinforced by the recent rollout of its next-generation Blackwell architecture
Nvidia (NASDAQ: NVDA) continues its impressive ascent in 2025, with its stock now priced at $162.88, reflecting a 1.8% increase in the past 24 hours.
This move comes amid strong bullish momentum that has seen Nvidia’s share price surge nearly 80% since its April lows.
Highlights
- Nvidia broke above $160 and is trading at $162.88, supported by strong technical momentum and a potential golden cross.
- The company briefly surpassed a $4 trillion market cap, reinforcing its dominance in the AI chip space.
- Analysts project further gains, with a price target of $200 by late July barring a break below $150 support.
Technically, the stock has cleared multiple resistance levels, with a confirmed breakout above $160 acting as a bullish signal. Nvidia now trades significantly above its 50-day and 200-day moving averages, and the setup for a golden cross — where the 50-day MA crosses above the 200-day MA — is nearly complete. This formation typically signals the start of a longer-term uptrend and often attracts institutional momentum traders.
The Relative Strength Index (RSI) remains below overbought territory, currently hovering around 65, which suggests there is still room for upward movement before a correction becomes likely. Volume remains robust, indicating healthy participation from buyers. Bollinger Bands are widening, another indication of increased volatility in favor of upward movement.
Nvidia stock price dynamics (May 2025 - July 2025). Source: TradingView
Support levels to watch include $150, which previously acted as resistance and may now serve as a reliable floor. A more significant support level lies at $130, which coincides with the 50-week moving average and aligns with a long-term uptrend line. A break below $130 would invalidate the current bullish structure and could expose the stock to further downside toward the $97 level. However, as long as NVDA holds above $150, the short-term structure remains decisively bullish.
Nvidia becomes the first $4 trillion tech firm amid AI dominance
On July 9, Nvidia made history by becoming the first publicly traded company to briefly surpass a $4 trillion market cap, underscoring its leadership in the artificial intelligence sector. The milestone highlights investor enthusiasm over Nvidia’s continued innovation in AI computing, particularly its dominance in the GPU market, which is crucial for training and deploying large-scale language models and other AI systems.
The company’s success is further reinforced by the recent rollout of its next-generation Blackwell architecture, which offers a significant performance leap over its predecessors and has already received strong pre-order demand from cloud providers and enterprise customers. In addition, Nvidia’s acquisition of Canadian AI startup CentL expands its portfolio into AI software and edge computing, potentially unlocking new revenue streams.
Despite these tailwinds, Nvidia is not without its challenges. U.S. export restrictions on high-end chips to China have impacted shipments of some of its data center products, although Nvidia has developed customized alternatives to comply with regulations. Competition is also heating up. Firms like AMD, Intel, and emerging players such as DeepSeek are vying for market share in both AI and high-performance computing. Nonetheless, Nvidia's brand dominance, software ecosystem, and early lead continue to provide a wide competitive moat.
NVDA likely to hit $200 by end of July
Given the strength of current price action, Nvidia is well-positioned to challenge the $175 resistance level in the coming sessions, with a medium-term target of $200 by the end of July. This target is based on the continuation of the current breakout trend, favorable technical indicators, and supportive market sentiment.
Upside catalysts include further AI-related announcements, strong Q2 earnings (expected later this month), and institutional accumulation ahead of the golden cross. Conversely, downside risk would emerge only if the stock closes below $150 on high volume, which could trigger profit-taking and reversion to mean levels.
Loop Capital has raised its price target on Nvidia to $250, citing strong AI infrastructure demand and the company’s GPU dominance. Despite rising competition, Nvidia’s Blackwell architecture is expected to maintain its technological lead through the end of 2025.
