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Nvidia stock rose nearly 5% on Tuesday, following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon.In a client note this ...
Wall Street analysts are bullish on the prospect for Nvidia's third-quarter earnings report, with expectations running high for the new Blackwell GPU. ... Nvidia at "Buy" with a $150 price target.
Analysts have shrugged off a recent report of a possible delay in Nvidia's next-generation chip called Blackwell. ... a Buy rating with a price target of $120. ... investors beat the market. ...
The company doesn't break out Blackwell sales specifically, but KeyBanc analyst John Vinh estimates that Blackwell will account for $4 billion to $5 billion in sales in the current quarter.
Price Action: NVDA stock traded lower by 0.22% at $146.45 premarket at the last check on Friday. Also Read: ASML Projects Revenue Surge to $63 Billion by 2030, Eyes AI and Chip Market Boom
Nvidia has a lot riding on Blackwell, its new flagship AI chip. Investors had a tepid response to earnings despite reporting $35.1 billion in third-quarter revenue.
The pullback came after the firm's recent earnings report failed to meet the market's most ... price target of $165 per share. ... years of intense buildout of NVDA Blackwell chip with its 4x lift ...
Blackwell shipments are likely to ramp up very quickly Nvidia's H100 GPU was so popular in 2023 that the company had a whopping 98% share in the market for AI data center chips.