Reported 5 months ago
Nvidia's stock price targets were upgraded by analysts following the company's strong first-quarter earnings report, which revealed record revenue and a positive outlook. CEO Jensen Huang reassured investors about the transition from H100 to H200 chips and the upcoming Blackwell system, prompting analysts to raise price targets and ratings for the stock. Despite concerns about maintaining market share in inference workloads, Nvidia's shares surged to an all-time high of over $1,000, indicating a positive market response.
Source: YAHOO