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Meta Platforms' (META) Zuckerberg hints company is spending billions on NVIDIA (NVDA) AI chips

January 19, 2024 8:46 AM EST

Meta Platforms (NASDAQ: META) is said to be spending billions of dollars on NVIDIA's (NASDAQ: NVDA) computer chips as part of the company's AI efforts.

Mark Zuckerberg revealed in an Instagram post Friday that the company is building... More

NVIDIA (NVDA) PT Raised to $790 at Tigress Financial Partners

January 17, 2024 4:52 PM EST

Tigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $790.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $790 as its leadership position in AI hardware and software infrastructure will continue to be a core holding in the AI investment theme and remains at the forefront of generative AI technology development across all aspects of implementation that will continue to drive a new AI-driven business super cycle, revenue and cash flow growth, and greater... More