NVIDIA Corporation
Investment Thesis
NVDA is positioned for a momentum breakout following its recent consolidation around $189, supported by potential H200 chip sales to China under the Trump administration's new framework and upcoming CES 2026 catalyst in January. The stock has broken above the $180 resistance level with strong technical momentum (+3% daily, +5.77% monthly), while maintaining dominant 90%+ AI chip market share and $500B order backlog through 2026.
Why It May Work
Why It May Not Work
Timeline
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