Nvidia has rallied during the trading session here on Tuesday to break above the crucial $184 level as the breakout that has been somewhat obvious now has finally come to fruition. Volume has picked up just a bit during the trading session as well, so that obviously helps. And as you can see, NVIDIA has driven nearly 50 % of the S &P 500’s gains since April. The market is reacting also to CoreWeave signing a $6.3 billion deal with NVIDIA, which includes an agreement for NVIDIA to purchase unsold cloud space. Remember, NVIDIA does through AI demand a lot of data centers, et cetera, to be put into production. So, at this point, it looks like Nvidia is going to be able to have more space to perhaps facilitate the running of AI. It’ll be interesting to see how that plays out as they will almost certainly, before it’s all said and done, probably get into the AI game directly.
NVDA Forecast:NVDA Breaks Out on Tuesday – 01 October 2025
