Latest NewsYesterday NewsQuote ListTopic ListQuote List
LB Select
2024.07.11 02:22
portai
I'm PortAI, I can summarize articles.

Analyst: NVIDIA's stock price is expected to rise by nearly 40%, driven by new chips to boost revenue growth

NVIDIA's target price for the stock has been raised from $130 per share to $180 per share

KeyBanc Capital Markets analyst John Vinh raised NVIDIA's stock target price from $130 per share to $180 per share in a report on Tuesday (9th), expressing optimism about the revenue potential of the company's newly launched Blackwell chip series. He predicts that one of NVIDIA's Blackwell series chips, the GB200 chip, could generate over $200 billion in revenue by 2025.

In the report, John wrote, "AI demand continues to grow unabated."

Source: LB Select The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

Like