SUI Skyrockets on $2.4B Surge - Can Bulls Push Past $2?
SUI explodes upward as massive capital inflow ignites rally—traders scramble as momentum builds toward critical resistance.
The $2.4 billion catalyst sends shockwaves through crypto markets, creating textbook FOMO conditions among retail investors.
Breaking Barriers
Technical indicators flash bullish signals while volume spikes suggest institutional interest—though seasoned traders know whales often feed during these retail frenzies.
Market psychology shifts from cautious optimism to aggressive positioning as the $2 psychological barrier looms large.
Reality Check
Another day, another crypto pump—because what's better than fundamentals? A good old-fashioned liquidity wave that makes traditional finance guys clutch their pearls.
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Wang told MarketWatch that the dynamics he saw then are reappearing now. Back in 2017, Nvidia looked expensive, misunderstood and volatile, yet the adoption curve was only beginning. He believes today’s weakness across AI stocks feels similar. The fundamentals remain in place even as sentiment shakes out.
Wang Turns to the Next Group of AI Winners
Wang sees opportunity forming in a handful of companies positioned to benefit from the next wave of AI build-outs. While Nvidia remains a long-term cornerstone of the portfolio, he is reallocating toward names that are benefiting from the broadening of AI infrastructure and software demand.
He highlighted Advanced Micro Devices (AMD) as a prime beneficiary of customers diversifying their accelerator supply. Wang views AMD as entering an inflection point similar to where Nvidia stood eight years ago, though with different competitive dynamics. He is also leaning into Microsoft (MSFT) and Alphabet (GOOGL), which continue converting AI hype into revenue and margin expansion at a scale smaller firms cannot match.
Wang sees Meta Platforms (META) as another name gaining leverage from its internal AI investment. He believes the company has quietly built competitive advantages in both training compute and AI-driven ad optimization.
Wang Expands Beyond Mega-Caps to Capture the S-Curve
Wang is also looking outside the obvious mega-caps. Semiconductor equipment Maker KLA Corp. (KLAC) is high on his radar because AI data centers need increasingly advanced manufacturing nodes. Infrastructure and networking names such as Cisco (CSCO) and Celestica (CLS) are also in his rotation as AI server demand pushes into a multiyear build cycle.
He is searching for companies entering the steepest part of their S-curve. In his view, those are the names where growth accelerates even as the broader market worries about valuations and rate risks.
Wang’s view comes through unmistakably. He believes the recent pullback is a temporary shakeout rather than a trend change, and he sees the AI cycle as a long-lasting structural shift that will keep reshaping markets for years. In his mind, investors who can tolerate volatility may discover that the next “Nvidia moment” is already taking shape beneath the surface, even if most of the market has not noticed it yet.
Is Nvidia a Buy, Hold, or Sell?
Nvidia continues to command overwhelming confidence from analysts. Based on 41 ratings over the past three months, the stock carries a Strong Buy consensus. This breakdown includes 39 Buy recommendations, one Hold, and one Sell.
The average 12-month NVDA price target stands at $257.26, which implies about 41% upside from the last closing price.
