Reported 2 months ago
Nvidia (NASDAQ: NVDA) saw its stock rise by 4.1% during Monday's trading session, driven by reassessments regarding potential delays of its upcoming Blackwell processors and a new AI training partnership with California. Analysts from UBS reaffirmed a buy rating, anticipating significant future gains as the stock has been considered undervalued despite fluctuating market conditions. With a price target of $150 per share, the bank forecasts strong demand for Nvidia's processors, suggesting continued profitability growth beyond 2025.
Source: YAHOO