Reported 1 day ago
As Nvidia prepares to unveil its earnings on August 27, Wall Street analysts have raised their price targets for the AI chipmaker, reflecting optimism driven by accelerating demand for AI technology. In addition, the market is closely watching Federal Reserve Chair Jerome Powell's upcoming speech, but some analysts believe Nvidia's performance may hold greater significance for investors. With Nvidia's market share and robust revenue growth, particularly among hyperscalers invested in AI, this earnings report could set the tone for market movements in the near term.
Source: YAHOO