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Nvidia Eyes All Time High As iPhone Maker Notes 'Hiccup' Amid 'Crazy' Demand For Blackwell Chip; Is Nvidia A Buy Now?

Nvidia Eyes All Time High As iPhone Maker Notes 'Hiccup' Amid 'Crazy' Demand For Blackwell Chip; Is Nvidia A Buy Now?

Nvidia headed for its fifth-straight day of gains Tuesday, continuing the stock's rebound that started last week when it found support at its 50-day moving average. Nvidia also has reclaimed its title as a stock with a $3 trillion market cap. Nvidia stock sits 11% above its 50-day moving average and is just 8% below the split-adjusted all-time high of 140.76 after rising 2.9% last week.