Reported 6 months ago
Nvidia's stock remains highly attractive to investors even after gaining $2 trillion, as the company announces plans for new chips and continues to surpass earnings expectations. Analysts are optimistic about Nvidia's growth outlook, with the stock reaching a Street-wide price target high of $1,500. Nvidia's dominance in AI chip technology has propelled its market value to nearly $3 trillion, with competitors unable to match its success. Despite some caution and skepticism, most analysts rate Nvidia as a buy, expecting significant profit and margin growth in the near future.
Source: YAHOO