AI momentum continues to dominate Wall Street as NVDA surged to another all-time high, fueled by strong demand for AI infrastructure and inference chips. Investor optimism also grew after Cerebras’ explosive IPO debut, reinforcing confidence that the AI boom is still in its early stages.
With earnings approaching, traders are split between locking in profits or positioning for another breakout. The $235 level remains a key resistance zone, while bullish sentiment continues to build around the possibility of Nvidia pushing toward the $250 milestone if results and guidance exceed expectations.
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