Nvidia Stock Hits $176 as AI Growth Fuels Bullish Rally

Nvidia is like a famous band that is on its world tour, where AI and investors have jam packed every stadium. The chip giant has evolved from enabling our graphics cards to conducting and leading the entire AI revolution, and investors can’t get enough of this sight. Nvidia is still riding the AI wave to all-time highs. The stock trades at $176.75 and is up 1.9% over the last 24 hours, continuing its rise in 2025. From shattering key resistance points to beating more general tech benchmarks, Nvidia has solidified itself as the foundation of the artificial intelligence boom.

The price is situated nicely above both the 50-day and 200-day moving averages at $161 and $146. With this bullish divergence and continuously solid trading volumes, the chart of Nvidia is a classic example of a strong uptrend. Traders continue to use the series of higher lows and higher highs as a confirmation of persistent momentum. At $153 and $156 levels, the support is secured between them. These have stood steady under the test of pressure and now serve as a solid base for any pullback.

On the other side, resistance is imminent at $180, which is a psychological pointer and the next technical target. Above it, $190 is indicated, aligning with several analyst targets. As Relative Strength Index (RSI) remains close to the overbought mark of 70, it’s important to remember that during such bullish cycles, RSI may stay high for a long time. Similarly, MACD indications are still robustly bullish, with a growing graph indicating continued upside.

The Fundamentals Supporting Nvidia

Nvidia’s share spike is not just due to its technicals, rather it is supported by fundamentals that keep on beating the estimates. The firm’s Q1 2025 earnings report showed a 69% year over year revenue jump to $44.06 billion despite the alert forward guidance. This is not just some growth, rather it is dominance. Big Tech is investing billions in AI infrastructure, and Nvidia is taking a massive proportion of that expenditure. Alphabet’s unveiling of $85 billion in capex this year, most of the share will go into AI GPUs, which is an implicit validation of Nvidia’s relevance and scope.

The recent policy change in U.S export policy has also paved the way for Nvidia’s H20 chips to return to the Chinese market, reviving a profitable revenue stream that was previously in danger of being lost. This strategic victory not only creates an opening for additional sales but also calms investors concerned about geopolitical problems. Also, perhaps the strongest indication of investor optimism was last week when Nvidia broke above a $4 trillion market cap, taking over Apple and Microsoft as the world’s most valuable company. Wall Street is still hugely optimistic, where 21 out of 22 analysts recommend the stock as a buy, and several have updated their price targets to $190–$220.

Focus on $190 and Afar

On the basis of both technical charts and macro-level drivers, Nvidia seems to be all set for more gains. The stock seems to be headed to challenge the $180–$185 level in the near future, especially if upcoming earnings releases from Amazon and Meta emphasize upon continued investment in AI infrastructure. If momentum persists, Nvidia could push into the $190–$200 range in late August.

The bullish scenario would have Nvidia reaching $210–$220 by Q3 end, stimulated by regulatory clarity, new product releases, or sustained dominance in the market. In the bearish scenario, macro shocks such as Fed-induced tightening or fresh tensions between the U.S and China could prompt a short-term correction to about $160. Even then also, that would probably be regarded as a dip-buying opportunity rather than a reversal of trends.

A Market Leader

In spite of the rise of AI chip competitors, Nvidia dominates more than 80% of the world’s AI training chips and over 90% of discrete GPUs. More significantly, its incorporated software-hardware ecosystem, strong supply chain, and deep client relationships provides it with a huge competitive advantage. Nvidia’s performance is not only remarkable, but it’s revolutionary. The company has steered itself into the center of the AI supply chain, where its GPUs are not merely commodities but strategic infrastructure for the technology of the future. A 69% revenue increase is not simply a financial benchmark, rather it’s a proclamation that the AI economy has arrived and Nvidia is its top engine.

From bullish chart signals to returned Chinese markets and tech titans such as Alphabet investing billions in its chips, Nvidia’s advantage is not merely its engineering but its ecosystem. As bearish indicators warn about overbought signals and worthless valuations, the facts suggest otherwise. This is a power shift, and Nvidia is at its center. As some market participants wait for a cooldown, the larger narrative remains conducive to stepping up, not slowing down.

With the AI race in full swing globally and Nvidia providing the weaponry, it’s hard to imagine a near-term disruptor ending Nvidia’s reign anytime soon. Even a brief fall would most likely be a bargain entry point for bullish investors. At this point, waging against Nvidia is not only dangerous, rather it’s equivalent to going against the wave of digital change.