Reported about 1 month ago
Nvidia's stock surged over 4% to a record $143.71 as Wall Street analysts reaffirm their bullish outlook ahead of the company's upcoming earnings report. With strong demand in the AI sector and new price target increases from Bank of America and CFRA, analysts project continued growth for Nvidia. The company's strategic partnerships, particularly in enterprise AI, are seen as key to its market dominance, with predictions of a significant increase in AI-related spending in the coming years.
Source: YAHOO