NVIDIA shares traded between roughly $210 and $220 during the week of October 26, 2026, with intraday highs near $220 before a sharp selloff on October 30 driven by broader semiconductor weakness after Intel’s disappointing Q4 guidance. Data-center revenue growth tied to AI accelerators remains the dominant factor supporting valuations, reinforced by partnerships with hyperscalers and announcements such as Meta’s capital raise and SpaceX GPU procurement. The stock’s 52-week range spans $164–$243, and forward multiples sit near 17x amid analyst consensus targets above $320. Traders are positioning ahead of the November 17 earnings release, where guidance on Blackwell ramp, gross margins, and China exposure will shape near-term implied probabilities for price thresholds.
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