Wall Street Analysts Weigh in on Nvidia's Impressive Earnings

Reported 1 day ago

Nvidia's latest quarterly earnings exceeded analysts' expectations despite facing challenges from export controls in China. The chipmaker's stock price increased nearly 5%, surpassing Microsoft to become the world's most valuable company. Analysts from firms such as Oppenheimer, Bank of America, and UBS praised Nvidia's strong positioning in the AI market, with several raising their price targets for the stock, signaling continued confidence in its growth prospects.

Source: YAHOO

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