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Nvidia (NVDA) shares are inching up ahead of the company’s annual GTC conference, where its chief executive, Jensen Huang, is delivering a keynote address. At the time of writing, NVDA is trading just below its 50-day moving average (MA) at the $185 level — a decisive break above which could accelerate bullish momentum in the near term.
Versus its year-to-date low, Nvidia stock is currently up about 7%.