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Nvidia stock eyes return to $100
NVDANvidia(NVDA) Finbold·2025-04-08 12:38

Nvidia (NASDAQ: NVDA) is edging closer to recapturing the key 100mark,recoveringfromasharpsellofflastweekthatpushedthechipmakerssharesbelowthethresholdforthefirsttimesinceSeptember2024.ThedropcameonApril4,triggeredbyPresidentDonaldTrumpsLiberationDaytariffs,whichrattledmarketsandreignitedfearsofafullblowntradewar.Yetdespitetherecentselloff,Nvidiasharesareshowingsignsofrecovery.Afterclosingat100 mark, recovering from a sharp sell-off last week that pushed the chipmaker’s shares below the threshold for the first time since September 2024.The drop came on April 4, triggered by President Donald Trump’s Liberation Day tariffs, which rattled markets and reignited fears of a full-blown trade war.Yet despite the recent sell-off, Nvidia shares are showing signs of recovery. After closing at 97.64 on April 7, the stock climbed 3.75% in pre- ...