08.04.2026 09:50

Nvidia shares climbed 3.2 percent, touching $183.78 in pre‑market trading after Washington and Tehran announced a two‑week truce.

The accord obliges Iran to restore maritime traffic through the Strait of Hormuz, a pivotal waterway that had been locked down amid escalating tensions.

Wall Street reacted swiftly: S&P 500 futures jumped 2.5 percent, and investors interpreted the diplomatic breakthrough as a catalyst for risk‑appetite across the technology arena. Institutional confidence in the chipmaker also surged; Donaldson Capital Management lifted its exposure by 5.5 percent, ending the quarter with roughly 89,800 shares worth about $16.7 million.

Analysts have attached a modest upside bias to the stock, pegging the consensus price target at $275.25 while assigning an average “Buy” rating.

Nvidia’s valuation now rests on a market capitalisation of roughly $4.3 trillion, with a price‑to‑earnings multiple of 36.35, and its technical indicators sit near the $182‑$185 corridor defined by its 50‑day and 200‑day moving averages.

The recent rally aligns with a 52‑week price swing that ranged from $94.46 up to $212.19, underscoring how geopolitical news can rapidly reshape the semiconductor sector’s trajectory.