Why Nvidia stock is the top tech stock to buy in Q2
The post Why Nvidia stock is the top tech stock to buy in Q2 appeared on BitcoinEthereumNews.com.
In 2025, Nvidia (NASDAQ: NVDA) stopped appearing like a safe investment as macroeconomic headwinds exacerbated the concerns over the semiconductor giant’s massive valuation. By mid-April, however, NVDA shares again appeared to be a strong buy for the second quarter (Q2) as the market started settling into the new tariff-ridden reality and the blue-chip chipmaker started unveiling its forward-looking plans. On April 14, the semiconductor giant announced it would take a critical step in weathering the trade war by setting up production capacities for building supercomputers in the U.S. President Donald Trump welcomed the development, saying that the chipmaker’s $500 billion investment will be stimulated with the expedition of all necessary permits. He added that all firms who choose to participate in the ‘Golden Age of America’ will receive such preferential treatment. President Trump’s comments on Nvidia’s investment in on-shore production. Source: Truth Social With the endorsement and high-powered computers becoming an increasingly important narrative, especially with the recent breakthroughs in quantum computing, Nvidia stock is poised to enjoy strong tailwinds from the development. Nvidia bolsters fast food chain with AI orders Beyond reducing its reliance on the smoothness of international supply chains, Nvidia has taken other, seemingly more mundane steps to bolster its position. Already in March, the semiconductor giant entered into an artificial intelligence (AI) partnership with Yum! Brands Inc. (NYSE: YUM) – the company that owns KFC, Taco Bell, and Pizza Hut – to empower order-taking with novel technology and boost restaurant efficiency. Lastly, thanks to the strong headwinds in 2025, NVDA shares are trading 25.85% below their January 6 high of $149.43 and are changing hands at $110.80. Such a setup ensures that the equity has some room to rise before investors once again become uncomfortable due to valuation. NVDA stock YTD price chart. Source: Finbold The…
