Nvidia Shares Rise Due to HSBC Report

Tech giant Nvidia's shares rose on Wednesday

The stock rose more than 2.5% due to a valuation increase by HSBC, 

with the share price trading near $185.

According to reports, HSBC raised the company's rating due to its positive outlook

for the company's future in artificial intelligence.

 The bank's current target for the stock is now around $320

 compared to the previous target of $200.

The current price target represents an upside of approximately 80% from current prices.

This reflects the company's strength and the bank's confidence

 in achieving strong growth

in the coming period due to the field of artificial intelligence.

As for the stock's technical outlook,

The stock is currently trading near $185.

We are expected to see some corrections before resuming the uptrend.

In the event of a decline, the support levels near $164 are considered important.

These are currently important levels, and we are expected to see a rise from them.

In the event of a decline and testing them, 

but only if any buying signals appear.

If these levels are broken and closed below them,

the stock is expected to target $153,

which is considered one of the next most important expected buying levels.