Nvidia's stock price climbs as investors await the company's new technologies

The stock of Nvidia, the technology and artificial intelligence giant, rose on Monday.

This increase comes as investors anticipate the annual GTC conference, considered one of the most important global events for artificial intelligence and advanced computing technologies.

Nvidia is expected to announce new details about its advanced AI-focused processors.

The company is also expected to announce its future plans in the technology and AI sector, as well as in other areas related to self-driving cars.

Technical Outlook for the Stock

The stock is currently trading near $184 after its recent rise. Current forecasts indicate the possibility of continued upward movement, targeting the $196 level.

The support levels near $171 are considered among the best buying areas at the moment, and it is expected that if these levels are returned and buying signals appear, we will see a return to the upward trend again and target the same levels mentioned previously.