Nvidia Stock Price Today: NVDA Rebounds 3% From $200 Support Level

Published by

Anjali Belgaumkar

November 3, 2026

Is NVIDIA Really Preparing a Massive Bitcoin Purchase

Nvidia shares climbed about 3% on Tuesday after sliding close to $200, well below their record high above $243. The rebound came as President Trump’s comments on Fox News about Israel and Iran raised hopes of a diplomatic deal, pushing oil lower and lifting tech stocks. Demand signals also helped. Anthropic expects its computing capacity to pass 3.5 gigawatts by the end of 2026, the New York Times reported. Nvidia’s reach across the chip supply chain is also growing. Bloomberg said the CEOs of Marvell and Lumentum spoke with Jensen Huang before agreeing their roughly $115 billion deal, and Nvidia has invested $2 billion in each company. Risks remain, including financing pressure on customers, power shortages for data centres and rising competition from custom chips such as Google’s TPUs.

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