JPMorgan Reaffirms Overweight Rating for NVIDIA

Reported 1 day ago

JPMorgan has maintained its Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) with a price target of $215, following a meeting with the company's Vice President of Investor Relations. The bank noted that demand for NVIDIA's data center products is exceeding supply, despite the introduction of Blackwell Ultra chips. Additionally, NVIDIA assured that the launch of its upcoming Vera Rubin platform is on schedule for the second half of 2026, dispelling market concerns about delays.

Source: YAHOO

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