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Why Is Nvidia Stock Going Up? Analysts Say an 'AI Golden Wave' Is Just Beginning
Nvidia's stock is soaring, driven by an 'AI Golden Wave,' say analysts. Loop Capital's Ananda Baruah predicts Nvidia's market cap will reach $6 trillion, citing surging demand for AI chips from governments and Big Tech.
Nvidia stock keeps rising after fresh record as analyst sees AI 'golden wave'
Loop Capital analyst Ananda Baruah on Wednesday raised his price target on Nvidia shares to $250, the highest of Wall Street analysts tracked by Yahoo Finance, implying that the AI chipmaker’s market capitalization could soar to $6 trillion. Baruah expects the market for AI chips to grow to $2 trillion in 2028.
For all the talk about how much more Nvidia can grow, it delivered a blowout report for the fiscal 2026 first quarter.
Nvidia shares climbed to an all-time high Wednesday, helping the chipmaker reclaim the title of most valuable company by ...
Nvidia stock hits $154.31 amid AI surge, with Loop Capital raising its target to $250. Here’s what’s fueling the rally.
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Nvidia undoubtedly benefits from its lead in the AI accelerator market. Once known primarily as a maker of graphics ...
Nvidia shares are up about 1% in premarket action, indicating the AI chipmaker, which is once again the biggest company by market cap, may register another record high. However, such is the pace of ...
Nvidia stock rose 2.6% Tuesday to $147.90, its highest close since January and just shy of its record $149.43. The AI ...
Palantir and Nvidia are generating success in their AI offerings, making them both solid AI investments. Palantir kicked off ...
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