Could Nvidia Stock Reach $150 by Year-End 2024?

Reported about 1 month ago

Nvidia has seen a remarkable surge in its stock price in 2024, rising from about $50 to around $130, raising the possibility of hitting $150 before 2025. This growth is closely linked to the booming demand for GPUs driven by the AI industry, particularly with Nvidia's upcoming Blackwell architecture. While the company must continue meeting high market expectations, strong earnings reports could propel the stock further. Investors will be watching closely as the end of the year approaches.

Source: YAHOO

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