{"id":2016,"date":"2025-10-09T16:55:13","date_gmt":"2025-10-09T16:55:13","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2025\/10\/09\/3-key-reasons-why-nvidia-stock-is-soaring-on-thursday\/"},"modified":"2025-10-09T16:55:13","modified_gmt":"2025-10-09T16:55:13","slug":"3-key-reasons-why-nvidia-stock-is-soaring-on-thursday","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2025\/10\/09\/3-key-reasons-why-nvidia-stock-is-soaring-on-thursday\/","title":{"rendered":"3 key reasons why Nvidia stock is soaring on Thursday"},"content":{"rendered":"<div><\/div>\n<p>Nvidia stock (NASDAQ: NVDA) jumped over 2% on Thursday, as tech stocks, and especially AI-related ones, kept the good vibes going.<\/p>\n<p>Investors are feeling excited about the strong demand for Nvidia\u2019s AI chips and the recent US approvals that could let the company tap into new markets.<\/p>\n<p>Meanwhile, the Nasdaq and S&amp;P 500 stayed pretty steady after hitting some recent records, showing that traders are optimistic but still playing it a little safe.<\/p>\n<h2 class=\"wp-block-heading\">Key reasons why Nvidia stock is climbing? <\/h2>\n<p>1. <strong>US export approval to UAE:<\/strong> The US gave the green light for billions of dollars\u2019 worth of Nvidia AI chips to be sent to the United Arab Emirates.<\/p>\n<p>This move could give Nvidia a nice revenue boost from AI projects in the Gulf, especially with big government-backed initiatives like Starg UAE already in the works.<\/p>\n<p>2. <strong>Strong demand and CEO insights:<\/strong> Nvidia\u2019s CEO Jensen Huang has been talking up the rising need for computing power, thanks to AI breakthroughs and what he calls \u201cautonomous everything\u201d technologies.<\/p>\n<p>His recent interviews have reassured investors that Nvidia\u2019s AI-driven growth isn\u2019t just a flash in the pan; it\u2019s here to stay.<\/p>\n<p>3. <strong>Strong chip industry performance: <\/strong>Nvidia\u2019s main supplier, Taiwan Semiconductor Manufacturing Company (TSMC), posted a 30% jump in third-quarter revenue, beating what analysts expected.<\/p>\n<p>That kind of performance signals solid demand for Nvidia\u2019s chips and gives investors confidence that the supply chain is stable and production is keeping pace.<\/p>\n<h2 class=\"wp-block-heading\">What analysts say?<\/h2>\n<p>After Nvidia stock rally, several analysts have bumped up their price targets, some as high as $300, pointing to more potential upside.<\/p>\n<p>FactSet data shows that most of the 66 analysts covering Nvidia are recommending a Buy, with only a few Holds and almost no Sells. On average, the street\u2019s price target sits around $240-$250, reflecting strong bullish sentiment overall.<\/p>\n<p><a href=\"https:\/\/invezz.com\/news\/2025\/10\/09\/cantor-fitzgerald-sees-near-60-upside-for-nvidia-lifts-price-target-to-300\/\">Cantor Fitzgerald raised Nvidia stock price target<\/a> to $300 from $240, maintaining an Overweight rating after meetings with company management.<\/p>\n<p>The firm highlighted that the AI infrastructure buildout is in early stages, with hyperscalers showing strong demand visibility worth hundreds of billions over coming years.<\/p>\n<p>Cantor Fitzgerald expressed increased confidence in Nvidia\u2019s growth potential and expects earnings per share to reach $8 in 2026 and $11 in 2027, well above consensus estimates. Nvidia remains the firm\u2019s top pick.<\/p>\n<p>That said, analysts are also pointing out some risks. Nvidia\u2019s valuation is pretty high, and ramping up production to meet booming AI demand could come with execution challenges.<\/p>\n<p>Competition from new AI chipmakers and global trade uncertainties adds another layer of caution.<\/p>\n<p>Some skeptics are also questioning whether AI demand can keep growing at this pace, warning that a slowdown in key projects could trigger a market correction.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/10\/09\/nvidia-stock-three-key-reasons-why-it-is-soaring-on-thursday-jensen-huang-tsmc\/\">3 key reasons why Nvidia stock is soaring on Thursday<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia stock (NASDAQ: NVDA) jumped over 2% on Thursday, as tech stocks, and especially AI-related ones, kept the good vibes going.Investors are feeling excited about the strong demand for Nvidia\u2019s AI chips and the recent US approvals that could let the company tap into new markets.Meanwhile, the Nasdaq and S&amp;P 500 stayed pretty steady after&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2016"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2017"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}