--- title: "Analyst: Under internal and external pressures, NVIDIA \"holds firm\" in the technical resonance zone; $190 may become the \"anchor\" of AI faith" type: "News" locale: "en" url: "https://longbridge.com/en/news/294444039.md" description: "Analyst David Keller pointed out that NVIDIA is fully defending the key technical support zone of $190-$192, which converges with the 200-day moving average, Fibonacci retracement levels, and previous lows. Despite facing recent selling pressure in the semiconductor sector, the support remains strong. Additionally, NVIDIA is in talks with OpenAI to provide approximately $250 billion in funding support and chip financing arrangements for its large-scale AI data center project being built in Ohio" datetime: "2026-07-31T02:38:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294444039.md) - [en](https://longbridge.com/en/news/294444039.md) - [zh-HK](https://longbridge.com/zh-HK/news/294444039.md) --- # Analyst: Under internal and external pressures, NVIDIA "holds firm" in the technical resonance zone; $190 may become the "anchor" of AI faith According to the Zhitong Finance APP, market strategist David Keller stated that NVIDIA (NVDA.US) seems to be making every effort to defend the key technical support area around $190-$192. "NVIDIA is clearly striving to hold this convergence support level of multiple technical indicators," Keller said. He explained that this price range gathers several key technical signals: the 200-day moving average, the Fibonacci 61.8% retracement level, and the swing lows from June and July, all roughly falling within the same price range. The overlap of multiple support levels in a certain area usually indicates that this position is an important price level where buyers may enter to defend. Recently, NVIDIA has faced both internal and external challenges. On July 27, "Black Monday," semiconductor stocks experienced a collective sell-off, with NVIDIA's stock price dropping about 5%, AMD down about 8%, and the Philadelphia Semiconductor Index falling 2.2%. By the close of that day, NVIDIA's market capitalization had dropped to $4.76 trillion, with Apple surpassing it to reclaim the title of the world's most valuable company. Although the stock price attempted to break below on the previous trading day, Keller pointed out that "the support remains strong, and there was no follow-up selling pressure after the break yesterday," indicating that bears failed to effectively breach this key technical bottom. Recently, NVIDIA has encountered the third weakest "buy the dip" momentum since 2025. NVIDIA rose 1.7% on Thursday, with a cumulative increase of 3.6% year-to-date. In addition, there are reports that this chip giant is in talks with OpenAI (OPENAI) to provide approximately $250 billion in funding support for its large-scale data center project, to assist the latter in leasing and constructing a 10-gigawatt ultra-large-scale AI data center park in Ohio. This project is being developed by the energy subsidiary of Japan's SoftBank Group, with a total investment scale potentially reaching $500 billion. 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