By Brian Sozzi
Publication Date: 2026-04-16 16:30:00
Nvidia’s (NVDA) stock has an important test to pass soon as an impressive stretch of gains begins to pile up.
“So you want to watch the $212 level. If Nvidia can break through that, maybe it’s got a little bit more run for the next few weeks,” Great Hill Capital chair Tom Hayes said on Yahoo Finance’s Opening Bid (video above).
The $212 was the record intraday stock price for Nvidia hit on Oct. 27, 2025. If that high could be taken out, it would likely lure in more buyers, Hayes contends.
Nvidia’s stock is on its latest epic run. Coming into Thursday’s session, Nvidia shares had surged 21% in April. The stock is on an eye-popping 11-day winning streak.
The gains likely reflect a few factors.
For starters, everything that Taiwan Semiconductor (TSM) said today on booming demand for AI underscores the rally in Nvidia, and why it can continue. TSMC produces Nvidia chip — so if it’s seeing strong demand, chances are Nvidia is having another bang-up quarter.
Meantime, the news flow from Nvidia this month has been strong.
The AI chip company announced on Tuesday that it had expanded beyond its core GPU business with Ising, an open family of quantum AI models already in use at labs EeroQ, Conductor, IQM, and top universities.
And…
