Reported 23 days ago
Citi has increased its price target for Nvidia to $190 per share, anticipating a significant growth in demand for AI infrastructure from sovereign governments. This change reflects analysts' confidence that Nvidia will capture a larger share of the expanding market, with expectations of billions in revenue driven by public sector investments. As Nvidia gears up for the next generation of chips, the company is set to benefit from rapid deployment and a growing need for high-performance AI systems, despite potential risks from export restrictions.
Source: YAHOO