Those analysts who weren't merely speechless after Nvidia Corp.'s latest earnings were effusive with their praise.
Those analysts who weren’t merely speechless after Nvidia Corp.’s latest earnings were effusive with their praise, writing that the chip giant’s artificial-intelligence fueled bonanza still has plenty of legs.
See more: Nvidia’s stock soars after AI boom pushes chip giant to record earnings and blowout forecast “The knee in the curve of the accelerated computing era is here, driven by seemingly insatiable demand for Generative AI,” he wrote. “Don’t overthink this one…as we remain early in this new era of computing and while competition is naturally drawn to such a lucrative space, NVIDIA’s moat is wide.”Ramsay upped his price target to $600 from $500 while keeping an outperform rating.“Everyone has been looking for ways to play AI that aren’t as expensive as NVIDIA given the run this year,” he wrote.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Nvidia's earnings could be a positive signal for Super Micro no matter whatAn upbeat Nvidia outlook could mean upside for Super Micro as well, while a conservative forecast could bode well for Super Micro gross margins.
Read more »
Wall Street says Nvidia's AI bonanza has only just begunThose analysts who weren't merely speechless after Nvidia Corp.'s latest earnings were effusive with their praise.
Read more »
Atlassian Corp Plc Stock Price Today | NASDAQ TEAM Live TickerView today's Atlassian Corp Plc stock price and latest TEAM news and analysis. Create real-time notifications to follow any changes in the live stock price.
Read more »
Microsoft Corp. stock outperforms market on strong trading dayShares of Microsoft Corp. inched 0.18% higher to $322.46 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P...
Read more »
GameStop Corp. Cl A stock underperforms Tuesday when compared to competitorsShares of GameStop Corp. Cl A shed 6.60% to $17.26 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500...
Read more »
Former environmental commissioner appointed to board of Alaska Permanent Fund Corp.Gov. Mike Dunleavy appointed Jason Brune to a four-year term on the board that oversees the Alaska Permanent Fund Corp.
Read more »