Reported about 1 year ago
Nvidia (NASDAQ: NVDA) stock has maintained its upward trajectory, closing June with a 12.7% gain and showing a 159% increase year-to-date. The surge is attributed to strong earnings, optimism about AI prospects, supportive analyst coverage, and a bullish market backdrop. Analysts from Truist, Citigroup, and Rosenblatt have all raised their price targets for Nvidia stock, reflecting positive sentiments. With a leading position in GPU technology and a robust financial outlook, Nvidia is anticipated to sustain its growth in the AI processor space.
Source: YAHOO