Nvidia share price is in focus after headlines questioned its OpenAI tie-up. Shares of NVDA fell 2.84% to US$180.34, with a US$176.23 to US$186.27 range today. In a Jensen Huang interview, the CEO said the agreement is on track and Nvidia will invest in the next OpenAI funding round. For Australians, this NVDA stock news matters because it shapes near-term AI demand, data centre spending, and tech sentiment across global markets.
OpenAI update drives today’s move
Nvidia share price declined 2.84% to US$180.34 on volume of 202,006,490, above the 181,422,162 average. The session ranged between US$176.23 and US$186.27. The stock sits below the 50-day average of US$183.90 and above the 200-day of US$168.12. Year-to-date it is down 4.52%, yet up 54.57% over 12 months, highlighting strong longer-term momentum.
In a Jensen Huang interview with CNBC, he said there is “no drama,” the OpenAI agreement is on track, and Nvidia plans to join the next OpenAI funding round source. The comments address concerns about circular AI deals and aim to stabilise sentiment around Nvidia share price after a sharp headline-driven drop.
Investors see the OpenAI link as a read on future AI accelerator demand, backlog, and large language model workloads. Clearer visibility could support orders into the June quarter. For Australians, steadier NVDA stock news guides expectations for US tech leadership, currency-sensitive returns, and potential spillovers to ASX-listed software and cloud partners.
What to watch into earnings
Nvidia reports on 25 February 2026 at 21:00 UTC. We will watch data centre growth, supply progress, and commentary on the OpenAI funding round. Trailing EPS is 4.01 with a PE of 44.97. Nvidia share price will react to forward orders, capex plans from top customers, and any update on AI server availability.
The Street remains constructive: 62 Buy, 1 Hold, 1 Sell, with a 4.00 consensus. Valuation is rich with price-to-sales at 23.25 and price-to-book at 36.56, and PEG at 2.98. Nvidia share price needs strong guidance to defend these levels. Net margin is 53.01% and ROE tops 100%, showing exceptional profitability.
Our Stock Grade is A at 82.60 with a “BUY” suggestion. Quant forecasts show near-term averages around US$176.59 monthly and US$159.70 quarterly, with a one-year model near US$246.35. Nvidia share price paths vary widely, so we focus on risk controls and the earnings catalyst rather than point targets alone source.
Technical setup and risk for Australians
RSI sits at 49.59 and ADX at 12.43 signals no strong trend. MACD at 0.96 above the 0.75 signal shows mild positive momentum. Nvidia share price is near its 50-day mean, suggesting a balance between buyers and sellers. Williams %R at -50.38 and CCI at -70.19 flag a neutral-to-soft tone.
Bollinger Bands centre near US$183.72, with lower at US$172.04. Keltner midline is US$185.42. Today’s low at US$176.23 is first support, then the lower band zone. Resistance sits near US$186.27 and US$195.39. ATR at 5.30 implies wide daily swings, so position sizing matters as Nvidia share price moves.
Australians buy US shares in USD, so FX shifts can add or subtract from returns. Consider staged entries or a plan around earnings to handle gap risk. Nvidia share price can be volatile into results and major AI headlines, so clear stop levels and a defined holding period can help control downside.
Final Thoughts
Nvidia share price slid after doubts about its OpenAI relationship, but Jensen Huang’s on-track message resets the narrative. For investors in Australia, the key is whether that partnership supports sustained AI accelerator demand and clearer backlog into mid-2026. The next catalyst is earnings on 25 February 2026, where guidance, customer capex, and supply timelines will drive direction. Valuation is demanding, which means execution must remain strong. Technically, the stock sits near its 50-day level with neutral momentum and high daily ranges. A practical plan is to track support at US$176 to US$172, watch resistance near US$186 to US$195, and scale positions around earnings. Keep an eye on the OpenAI funding round progress, FX impacts on USD exposure, and any updates to data centre lead times.
FAQs
Why did Nvidia share price fall today?
It dropped after reports questioned the OpenAI tie-up, prompting a risk-off reaction. Later, the CEO said the deal is on track, which helped calm sentiment. The move also reflects rich valuation, a pre-earnings positioning shakeout, and broad tech volatility. Liquidity was above average.
What did Jensen Huang say about OpenAI?
In a CNBC interview, he said there is no drama, the agreement remains on track, and Nvidia plans to invest in the next OpenAI funding round. That message addressed concerns about circular AI deals and gave investors better confidence in near-term AI demand trends.
Is Nvidia a buy right now for Australians?
It depends on risk tolerance. The stock has strong profitability and positive Street ratings, but the valuation is high and earnings are soon. Consider staged entries, position sizing for volatility, and clear stop levels. Watch the February 25 earnings and any updates on customer capex plans.
What levels are important for Nvidia share price near term?
Initial support sits around US$176, with a deeper zone near US$172. First resistance is around US$186, then near US$195. Daily volatility is high with an ATR near 5.30, so traders often adjust position sizes and use alerts around those areas.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
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