What is driving the Nasdaq 100 today?

AI chip stocks are leading gains as investors focus on data center demand, networking upgrades, and training capacity. Nvidia and Broadcom strength helped lift semiconductors, which supported broader tech. Sentiment also improved as traders weighed steady rates and better liquidity against valuation concerns. The setup favors range trading until trend strength, shown by ADX, turns higher.

What key levels should traders watch on the Nasdaq 100 today?

Watch 25,393 as the Bollinger midline pivot. Above that, 25,947 is near-term resistance, followed by the prior year high around 26,180. On the downside, 24,880 to 24,840 is important support. ATR near 310 points suggests wide swings, so use that for stops and sizing, and avoid chasing moves into resistance.

Are AI chip stocks overbought right now?

Short-term oscillators suggest they are getting stretched, with measures like stochastic and CCI flashing overbought for the index. That favors buying pullbacks over chasing breakouts. The medium-term picture still looks constructive if order books stay firm and margins hold. Confirmation through sustained closes above resistance would argue for renewed momentum.

Does talk of Dow 50,000 affect the Nasdaq 100 today?

Yes, it shapes sentiment. A push toward Dow 50,000 can boost risk appetite and draw flows into equities, including growth-heavy indexes. The impact is indirect, though. What matters more for the Nasdaq 100 is earnings delivery from megacaps, AI infrastructure spending plans, and the rate backdrop that drives valuation multiples.

Global Market Insights

^NDX Today: Tech Rally on AI Chips as Valuation Jitters Linger — February 10

ByHuzaifa Zahoor February 10, 2026February 10, 2026

Nasdaq 100 today is back in focus as AI chip stocks fuel a tech stocks rally. Nvidia and Broadcom advanced, lifting semiconductors while investors weighed rich multiples against uncertain AI spending payoffs. At last check the index traded near 25,268, up about 0.77%, after a 24,876 to 25,338 intraday range. Traders are also talking about Dow 50,000 as a sentiment marker. We break down levels, momentum, and what could matter next for U.S. investors.