NVIDIA Surges in Pre-Market to $98.43, Eyes Breakout on April 22
NVIDIA stock gains over 1.5% pre-market on April 22 amid AI momentum and tech optimism. Here's what to expect as trading opens.
Key Highlights:
NVIDIA Gains 1.57% Pre-Market to Hit $98.43 on April 22
NVIDIA (NASDAQ: NVDA) kicked off the morning strong with a 1.57% gain in pre-market trading, reaching $98.43, compared to Friday’s closing price of $96.91. This upward movement comes on the heels of broad-based enthusiasm for AI stocks and solid investor sentiment across major US tech equities.
What’s Driving NVIDIA’s Early Gains?
- AI Market Leadership: Investors continue to reward NVIDIA’s dominance in GPU-based AI computing, especially as AI infrastructure investments expand globally.
- Macro Sentiment: A tech-friendly macro outlook is propelling early gains across Nasdaq futures, with NVIDIA one of the primary beneficiaries.
- Sector Correlation: Other AI leaders like AMD (+1.23%) and Microsoft (+0.83%) are also trading higher pre-market, fueling NVIDIA’s tailwinds.
NVIDIA Stock Snapshot – April 22 Pre-Market Overview
| Metric | Value |
|---|---|
| Previous Close | $96.91 |
| Pre-Market Price | $98.43 |
| Change | +$1.52 (+1.57%) |
| 52-Week High | $153.13 |
| 52-Week Low | $76.40 |
| Market Cap | $2.36 Trillion |
| P/E Ratio | 32.98 |
| Dividend Yield | 0.041% |
NVIDIA’s Technical Setup: Will It Break $100?
NVIDIA’s pre-market price is flirting with short-term resistance near the $98.50–99 zone. A breakout above this range could send NVDA toward the psychological $100 mark, a level it hasn’t tested in several sessions.
Traders are closely watching:
- Pre-market volume surges
- NASDAQ composite index direction
- Institutional buying in AI sector stocks
NVIDIA vs Other Tech Giants (Pre-Market, April 22)
| Company | Pre-Market % Gain |
|---|---|
| Amazon | +1.58% |
| Apple | +0.90% |
| Meta | +1.15% |
| AMD | +1.23% |
| NVIDIA | +1.57% |
With one of the strongest pre-market performances among peers, NVIDIA is clearly benefiting from renewed focus on AI stocks and enterprise compute infrastructure investments.
What This Means for You
If you’re invested in NVIDIA or considering an entry point:
- Short-term momentum traders may find early breakout potential with a close watch on the $100 mark.
- Long-term investors will want to watch Q1 earnings previews and data center segment updates as major valuation drivers.
- New buyers may consider phased buying to manage pre-earnings volatility.
How to Take Action
- Watch opening volume: Confirm strength above $98.70 to consider a breakout setup.
- Set alerts near $100: That level could trigger aggressive buying if breached.
- Monitor sector ETFs: Track performance of ETFs like QQQ and SOXX for broader tech cues.
NVIDIA’s Pre-Market Surge Confirms AI Leadership
With today’s early rally to $98.43, NVIDIA continues to affirm its place as a leading force in the AI investment theme. As tech markets gear up for earnings season, NVDA remains a bellwether stock—guiding investor sentiment across chips, cloud, and AI sectors.
Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.
📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald for real-time news alerts.
