Reported 1 day ago
Nvidia's stock is on track for a new record high as the AI boom shows strong momentum, closing recently at $132.65. Analysts have reaffirmed their Buy ratings amid rising expectations for the company's upcoming revenue from new chips and robust demand for existing products. The company is also expanding its hardware capabilities, with plans unveiled for a significant supercomputer and new assembly facilities. As AI demand remains exceptional, Nvidia's stock could further increase in value.
Source: YAHOO