Analysts Adjust Price Targets for Nvidia Ahead of Q3 Earnings

Reported 29 days ago

Nvidia shares have dipped slightly amid updates from analysts adjusting price targets ahead of the company's upcoming Q3 earnings report. Anticipating a significant revenue surge of 82% year-on-year, reaching just under $33 billion, these forecasts reflect ongoing demand for Nvidia's AI chips. Despite some supply constraints affecting new releases, analysts predict continued growth driven by strong market demand, particularly among major tech companies investing in AI technologies.

Source: YAHOO

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