Goldman Sachs Raises Nvidia Price Target as AI Demand Soars

Reported about 2 months ago

Goldman Sachs analysts have updated their price target for Nvidia stock to $150, anticipating continued growth due to the booming AI chip market. Nvidia has recently overtaken Microsoft as the world's second-most valuable company, boasting a market value increase of approximately $780 billion since September. The company is expected to capture a significant share of capital spending in the AI sector, benefiting from its strong market position and anticipated demand for its new chip platforms.

Source: YAHOO

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