Stock summary: NVIDIA posted weekly rise of 13.78% reflecting positive market momentum

NVIDIA Corp delivered a remarkable performance over the past five days, surging 15.73 USD, or 13.78%, to close at 129.84 USD on February 7 at 8:00 PM GMT-5.

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NVIDIA Corp delivered a remarkable performance over the past five days, surging 15.73 USD, or 13.78%, to close at 129.84 USD on February 7 at 8:00 PM GMT-5. The stock demonstrated strong upward momentum as investors assessed the possible impact of the Trump administration’s tariff policies on chip companies amid the gaining popularity of China’s DeepSeek AI. .

During the latest trading session, NVIDIA opened at 129.22 USD, showing an early push toward higher levels. The stock reached an intraday high of 130.37 USD, signaling strong buying interest, as it touched a low of 125.00 USD. The closing price of 129.84 USD positioned the stock near its daily high, reinforcing bullish sentiment.

However, after-hours trading saw a slight pullback, with NVIDIA dipping 1.11 USD, or 0.86%, to 128.73 USD. The company’s market capitalization stood at 3.18LCr, highlighting its massive valuation and influence within the tech sector.

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Despite the small after-hours decline, NVIDIA’s significant gains over the past five days underscore investor optimism in the semiconductor company. The stock found support around 125.00 USD, while a low of 130.37 USD suggests a key level to watch in upcoming sessions.

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.