AI model predicts Nvidia price for June 1, 2025
By: bitcoin ethereum news|2025/05/14 11:30:07
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⚈ AI predicts NVDA will likely reach $138 by June 1, 2025. ⚈ Trade truce, partnerships, and technical breakout support cautious optimism. Nvidia (NASDAQ: NVDA) has rebounded sharply since dipping below $100 in mid-April, and is, by press time on May 14, 17.36% in the green in the monthly chart at $129.93. ChatGPT estimates that the rally will persist through May and lead NVDA shares back toward their January 2025 highs near $150 by June 1. With Nvidia regaining momentum and breaking above key technical levels, some investors are looking beyond traditional forecasts for insight and, for example, ChatGPT estimates that the rally will persist through May and lead NVDA shares back toward their January 2025 highs near $150 by June 1. ChatGPT sets Nvidia stock price target for June 1, 2025 In its analysis of the semiconductor giant, the artificial intelligence (AI) reflected on recent developments such as the bullish agreements with international partners, downgraded chip shipments to China, and the May 13 partnership with the Saudi state-backed startup Humain. ChatGPT-4o noted Nvidia stock’s strong performance in recent weeks, highlighting that the equity has broken through its 200-day moving average, indicating a bullish trend. The AI also retrieved external expert analysis, which identified resistance levels at $130 and $150 and support zones at $115 and $96. Therefore, ChatGPT identified these levels as the outer bounds of NVDA stock’s short-term price range. Lastly, the AI observed that the 90-day trade truce between the U.S. and China has alleviated much selling pressure and helped shift investor sentiment toward optimism. Based on current trends, ChatGPT opted for a balanced price target, which foresees the recent positive developments as sufficient to breach the closer support at $130 but not enough to propel NVDA stock beyond $150. According to the AI, Nvidia shares are more likely than not to stand at $138 on June 1, 2025. Wall Street experts mirror AI’s cautious bullishness ChatGPT-4o’s assessment aligns with analyst recommendations for Nvidia stock. For example, on May 12, UBS gave NVDA a bullish ‘buy’ rating, but, much like the AI, it showed some temperance as it downgraded the 12-month price target from $180 to $175. In the early morning of May 14, Bernstein reaffirmed its positive outlook for Nvidia shares and confirmed its previous $180 price target. Featured image via Shutterstock Source: https://finbold.com/ai-model-predicts-nvidia-price-for-june-1-2025/
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