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Citi Positive on NVIDIA (NVDA), 'we expect the data center segment to remain NVDA's leading sales driver'

October 11, 2023 8:53 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $630.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Taiwanese add-in graphics card/OEMs like Gigabyte/MicroStar reported September monthly sales +19% M/M (+58% Y/Y) vs. 3-year average seasonality of +12% M/M. With August +... More