Throughout the early months of 2025, the US stock market has struggled. Across the board, some of the biggest-cap companies have been unable to turn that around as of yet. However, that could change, as Nvidia (NVDA) may be poised to jump to $130 this week.

The AI chipmaker has been aligned with a fledgling Wall Street throughout a horrendous March to this point. However, things are expected to turn around in the medium term. Moreover, it could be the tech behemoth that is the biggest gainer when things do.

Also Read: Nvidia (NVDA) Jumps 287% in 18 Months: Why 2025 Won’t Stop the Stock

Nvidia to $130? Why Jump Could Happen This Week

Entering the year, there were few companies that had the kind of hype that Nvidia did. The firm had seen its share price increase as much as 170% over the course of 2024. With the artificial intelligence sector only increasing in popularity and demand, that was poised to continue into this year.

However, less than three months into the year, and that has ceased to be the case. However, that is less of a company-specific problem and more of a hindrance to the market as a whole. Yet, that could be set to change as Nvidia (NVDA) could be preparing to see the stock jump to the $130 mark this week.

Also Read: Nvidia (NVDA): Wall Street Says It Can Be 1st $20T Company

Nvidia is set to embrace its most important week of the year with its flagship GPI Technology Conference (GTC) 2025. Taking place in San Jose, California, it is the world’s biggest AI gathering. This year, they project around 25,000 attendees, with 300,000 more taking part virtually.

Nvidia CEO Jensen Huant is set to speak on Tuesday, with investors awaiting details on the next generation of AI GPUs. Additionally, they will host its very first Quantum Day, as the emerging technology begins to get an even bigger portion of attention amid increasing intrigue.

Last year, the event provided a boost to Nvidia stock. More of the same is expected to take place amid the 2025 iteration. Currently, the company is up more than 11% over the last five days, trading at the $121 mark. The events of this week could see it propel to its 2025 low-end price projection of $130, according to CNN data. Moreover, it could set it on a course toward its media target of $175, up 43% from its current position.