Yet, there may be some controversy mixed in with the excitement on Wall Street. It would earmark $52 billion in support of domestic semiconductor production. As early as tomorrow, senators are expected to convene to vote on a highly publicized spending bill. Such is the case today, it seems, with NVDA stock. What about when a politician’s spouse buys the shares, though? The debate might get more complicated, but it won’t necessarily stop traders from bidding the stock up. When a high-level politician buys stock shares of a company in anticipation of legislation, this often sparks a fierce debate.

chipmakers, and NVDA stock is heading higher today. This legislation stands to benefit Nvidia and other U.S. Also, tomorrow the Senate is expected to vote on the CHIPS Act, which would involve federal investment in the U.S. If you want to stay updated on the latest options trades for NVIDIA, Benzinga Pro gives you real-time options trades alerts.Paul Pelosi, husband of Speaker of the House Nancy Pelosi, reportedly purchased up to $5 million worth of Nvidia (NASDAQ: NVDA) shares. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Stifel downgraded its action to Hold with a price target of $165.

Mizuho has decided to maintain their Buy rating on NVIDIA, which currently sits at a price target of $205.Susquehanna has decided to maintain their Positive rating on NVIDIA, which currently sits at a price target of $190.BMO Capital has decided to maintain their Outperform rating on NVIDIA, which currently sits at a price target of $210.Next earnings are expected to be released in 40 days.RSI indicators hint that the underlying stock may be approaching oversold.

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