Nvidia Stock Price Levels to Watch After Chip Giant's $100 Billion Deal With OpenAI

Core Insights - Nvidia plans to invest up to $100 billion in OpenAI, which has led to significant market activity and a recent surge in stock price [1][7] - The partnership will involve Nvidia supplying OpenAI with its next-generation Vera Rubin platform to enhance AI infrastructure, targeting a capacity of at least 10 gigawatts [2] Stock Performance - Nvidia shares experienced a decline of 2% to around $180 after a nearly 4% increase on the previous trading day, with a total gain of 37% in 2025, outperforming the broader market [3][7] - The stock broke out from a symmetrical triangle pattern, indicating a continuation of its upward trend, supported by increasing trading volume and a bullish relative strength index [4][7] Price Targets and Technical Analysis - The measured move technique suggests an initial price target of $207.64, approximately 13% above the recent closing price of $179, based on a 16% increase from the symmetrical triangle's trendlines [6][7] - Additional price projections from bars pattern analysis indicate a target around $255, with key support levels identified near $165 and $150 for future monitoring [5][7]