Reported about 2 months ago
Analysts predict a significant rebound for Nvidia's stock after August 28, driven by expectations of strong Q2 earnings that could exceed both company and Wall Street forecasts, positive guidance for future growth influenced by major clients ramping up AI investments, and clarity regarding the launch of its new Blackwell GPUs. Recent trends show Nvidia's ability to outperform market estimates, enhancing confidence among investors.
Source: YAHOO