NVIDIA's Stock Price Pulls Back Amid Record-Breaking Earnings

NVIDIA (NVDA) is currently trading at $204.65, executing a measured correction within its uptrend.

The stock has tested the 0.618 Fibonacci support level at $211.20 and is holding steady above the long-term EMA200 trend at $187.86.

NVIDIA's recent Q1 2027 earnings report showed revenue of $81.6 billion, a 85% year-over-year increase with its Data Center segment generating $75.2 billion in revenue, up 92%.

Jensen Huang forecasts that the Blackwell and Rubin chip families will generate $1 trillion in combined revenue over the next two years.