Nvidia Gains 2% Overnight, Trails AMD’s 5% and Intel’s 4% Rally
NVDA•Nvidia shares rose 2% overnight, trailing AMD’s 5% and Intel’s 4% gains after President Trump declared a finalized peace deal with Iran, authorizing reopening of the Strait of Hormuz and lifting the U.S. naval blockade. Retail sentiment flipped to “extremely bearish” late Sunday after a mere 0.4% weekly advance, as investors pivot to this week’s Fed meeting.
1. Overnight Trading Reaction
Nvidia shares rose 2% in overnight trading, trailing Advanced Micro Devices’ 5% and Intel’s 4% gains after President Trump declared a finalized peace deal with Iran, authorizing the reopening of the Strait of Hormuz and removal of the U.S. naval blockade.
2. Retail Sentiment Shift
After a mere 0.4% advance last week, retail sentiment on Stocktwits shifted to “extremely bearish” late Sunday as individual investors expressed renewed caution despite sector-wide gains.
3. Investor Focus on Fed Meeting
With geopolitical concerns easing, investors are redirecting attention to the Federal Reserve’s interest rate meeting later this week, a key catalyst for Nvidia’s near-term share performance.
