A leveraged “whale” has just placed a high-conviction bet on Nvidia (NVDA) ahead of the chipmaker’s next earnings report. The trader has opened a 10x long worth about $1.66 million on onchain derivatives platform Hyperliquid.

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Analysts are Tracking Closely. On November 18, BNP Paribas Exane raised its price target on the stock to $250.00 from $240.00 while maintaining an Outperform rating.

Nvidia is up 33.1% since the beginning of the year, but at $184.03 per share, it is still trading 11.1% below its 52-week high of $207.04 from October 2025. Investors who bought $1,000 worth of Nvidia’s shares 5 years ago would now be looking at an investment worth $13,693.

The daily timeframe chart shows that the NVIDIA stock price has been in a strong uptrend in the past few years. It recently crossed the important resistance level at $200, bringing its market capitalization to over $5 trillion.

Nvidia's Q3 earnings could trigger a $320B market swing. With AI hype high and seasonal weakness looming, Wall Street braces for impact.

Such a swing in the chipmaker's market value would be the largest post-earnings move ever for the AI giant, as investors seek signals about the artificial intelligence boom.

Liz Ann Sonders explains why retail investors don't 'have to' own Nvidia stock. In terms of best price performance, NVDA shares rank 66 only.

Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.