Analysts have been upgrading price targets for the chip maker's shares following its impressive report.
Nvidia shares were surging Thursday as analysts welcomed results showing the artificial-intelligence boom is powering its growth. It also relieved concerns about supply constraints and how far demand is being driven by Chinese customers.
“With visibility extending into ’24, [Nvidia] management has qualified additional suppliers…and expects to increase supply each quarter through next year to meet demand,” KeyBanc analyst John Vinh wrote in a research note. “We expect shares to continue to re-rate higher as Nvidia delivers on [the] AI story…vidia remains the purest scale play on AI adoption,” Oppenheimer’s Rick Schafer wrote in a research note.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Nasdaq futures jump after Nvidia results impress, while Dow futures flatlineU.S. stock futures jump early Thursday as sparking Nvidia results boost risk appetite.
Consulte Mais informação »
European stock futures higher; Nvidia results boost sentiment By Investing.comEuropean stock futures higher; Nvidia results boost sentiment
Consulte Mais informação »
Nvidia stock surges to highest ever as AI boom rolls onThe computer chip maker has become the essential provider of GPUs — hardware that is needed to train AI models.
Consulte Mais informação »
Stock futures climb as Nvidia beats Wall Street earnings estimates: Live updatesWall Street is pricing in another blowout earnings report from chipmaker Nvidia.
Consulte Mais informação »
Nvidia continues AI-driven surge, announces $25B stock buybackArtificial intelligence powerhouse Nvidia announced a blockbuster earnings report for the company's second quarter along with a $25 billion stock buyback as it rides the AI boom.
Consulte Mais informação »
Nvidia's stock soars nearly 10% after hours as AI-chip giant reports record resultsNvidia Corp. shares rallied in the extended session Wednesday after the graphic processing-unit maker leading the AI-hardware charge reported a 141% surge in...
Consulte Mais informação »