Reported about 2 months ago
Nvidia (NVDA) shares dipped by 3% as Wall Street analysts maintain bullish forecasts ahead of the earnings announcement next week. Despite a recent 30% increase in stock value, analysts expect Nvidia to exceed expectations driven by strong demand for Hopper GPUs, although delays in the next-gen Blackwell chips could impact future orders. With a strong outlook from major firms like KeyBanc and Citi, most analysts remain optimistic, citing robust AI infrastructure spending as a key factor.
Source: YAHOO