Nvidia's Revenue Exceeds New Year Expectations

The technology and artificial intelligence giant Nvidia announced

that new orders for its AI chips have already begun to exceed

the company's projected revenue for 2026, which is $500 billion.

Nvidia's Chief Financial Officer, Colette Criss, stated,

"The $500 billion we projected for this year has definitely grown."

It's also worth noting that the company is still trying to obtain licenses

to export its products to China, as official approval has not yet been granted.

Technical Outlook for the Stock

The company's stock is currently trading near $188.

Expectations still point to the stock rising to $196.

If it closes above these levels, it may continue to rise

to the next resistance level near $208.

The outlook remains positive even if a correction occurs and the price reaches buying zones.

These zones are near the $176 level, and they are still considered good areas to trade,

especially if any reversal signals emerge.