Reported 13 days ago
Analysts are increasing their price targets for Nvidia as the tech giant prepares to report its fiscal Q3 earnings on November 20. With Nvidia holding an impressive 80% market share in high-end AI chips, expectations are high for its upcoming Blackwell GB200 GPU, which is set to dominate sales. Despite recent reports of overheating issues with the new processors, demand remains strong. Analysts predict substantial revenue growth and an earnings per share of 75 cents, driven by a robust backlog and a focus on data processing and physical AI.
Source: YAHOO