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Nvidia stock may hit new highs soon, driven by strong earnings and AI demand, says AI model.

Technical Signals
09 May 2026
Finbold
View Source
Bullish
pluang ai news

Nvidia recently hit a new intraday high around $217.80, closing at $215. An AI model from OpenAI's ChatGPT predicts the stock could reach $230-$245 after its upcoming earnings report, expected around May 20. The forecast is based on Nvidia's history of price swings post-earnings and strong demand for AI infrastructure from major tech firms. While momentum is strong, the model warns of potential volatility due to Nvidia being a crowded trade. Investors are watching for updates on Nvidia's Blackwell and Vera Rubin platforms, with revenue guidance around $78 billion for Q1 2027.

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