Nvidia rallies, poised to dethrone Apple as most valuable company

By X-blogger - on October 15, 2024

Shares of Nvidia neared record highs, putting the heavyweight AI chipmaker on the brink of dethroning Apple as the world’s most valuable company. With investors betting on strong demand for its next-generation Blackwell AI processors, the company’s stock climbed 2.8%.

The last session saw Nvidia shares gain 1.2%. According to the RSI, we are in an overbought market.
Support: 134.8 | Resistance: 142.83

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