Nvidia Stock Price Clears Key Hurdle, Recovers DeepSeek Losses Before Earnings
- Nvidia stock has recovered its losses from the DeepSeek decline.
- A 22% rally in February has boosted Nvidia shares above their 200-day and 50-day moving averages.
- Investors are awaiting Nvidia’s earnings results next week, with updates expected on the next-gen Blackwell GPU.
Nvidia stock cleared a key hurdle on Tuesday as it recovered the losses sparked by the $589 billion DeepSeek sell-off in late January.
At its intraday high of $143.44, Nvidia was trading above its January 24 close of $142.62, the trading session before the GPU maker experienced the biggest one-day market value decline in history.
The stock has since pared its gains on Tuesday to about 1%, trading at $140.34.
Nvidia shares have been on…