Reported about 1 year ago
Nvidia shares rose following a trillion-dollar market value gain in Q2 as a top Wall Street analyst raised their price target, citing a bullish second-half outlook for the AI-chip maker. The company's new Blackwell AI processors are expected to drive future growth, with strong demand forecasted for both existing products and the upcoming Rubin line. Nvidia's stock has surged 157% in 2024, fueled by optimism about their AI technology and future sales potential.
Source: YAHOO