NVDA: Nvidia AI Boom Sparks Warning Bells as Pullback Risks Climb
July 18 Nvidia (NASDAQ:NVDA), the chipmaker powering the AI boom, is showing signs of an overheated rally, according to a Bloomberg report.
The stock’s 14?day relative strength index briefly topped 80 on Thursday, the highest reading since June 2024. The RSI is a technical momentum gauge that tracks the speed of recent price changes,
» Read more about: NVDA: Nvidia AI Boom Sparks Warning Bells as Pullback Risks Climb »