Reported 9 months ago
Yahoo Finance correspondent Xu Ru-kai reports on June 18, 2024, at 11:05 pm: NVIDIA's whirlwind continues globally! NVIDIA's stock price rose by 3.51% yesterday, pushing its market value to the top of the world. Since NVIDIA's recent stock split, the increase has exceeded 10%, with analysts estimating a potential over 50% surge post-split. Analyst Chen Xue-jin from Lunyuan Investment Advisory predicts a significant post-split increase, driven by the high gross profit margin of the GB200, which is twice that of the previous H100. Chen expects revenue to continue to rise as NVIDIA enters into mass shipments next year, projecting high stock prices for NVIDIA.
Source: YAHOO