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Nvidia (NVDA) Maintains Q2 Bounce: Is $230 in 2025 Possible?
Nvidia (NVDA) Maintains Q2 Bounce: Is $230 in 2025 Possible?
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Nvidia (NVDA) has broken out of its 2025 slump in Q2, with the stock climbing 7% on Tuesday and 17% in the past month alone. While the stock is still down 2.8% year-to-date, that marks a significant reversal from its steeper drop in early April. At press time, NVDA trades around $130, but experts suggest further upside potential remains.
The AI chipmaker recently announced a strategic partnership with Humain, a subsidiary of Saudi Arabia’s Public Investment Fund, to build AI factories in the region. This landmark agreement fueled NVDA’s recent bounceback. Nvidia also plans to release a downgraded version of its H20 AI chip within two years, capitalizing on the relentless demand for AI technology.
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