NVIDIA Supercharges Ethernet Networking for Generative AI

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Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA)

June 3, 2024 6:39 AM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $1,200.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "We attended CEO Jensen Huang's keynote speech at Computex 2024 in Taiwan on June 2. While we are not making any estimate changes, announcements... More

AMD and Nvidia have 'powerful' GPU and CPU roadmaps - JPMorgan

June 3, 2024 6:38 AM EDT

In a note assessing the keynotes from NVIDIA (NASDAQ: NVDA) and AMD (NASDAQ: AMD) CEOs at the Computex annual computer expo in Taiwan this week, analysts at JPMorgan described the roadmaps as "powerful."

JPMorgan noted that Nvidia CEO Jensen Huang kicked off his keynote with a recap of GTC in March. He... More

BofA raises Nvidia target to $1,500, sees EPS power of over $50 within 2 years

June 3, 2024 6:20 AM EDT

The NVIDIA (NASDAQ: NVDA) price target was raised to $1,500 from $1,320 at Bank of America on Monday, with the firm maintaining its Buy rating on the chipmaker.

The bank said it lifted the target on Nvidia, which is its top pick, following the... More

Wells Fargo Reiterates Overweight Rating on NVIDIA (NVDA)

June 3, 2024 5:24 AM EDT

Wells Fargo analyst Aaron Rakers reiterated an Overweight rating and $1,250.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Most Notable: 1. No Arm-based PC CPU / SoC announcement that we think some were expecting following recent NVDA / Mediatek news. 2. NVDA emphasizing Spectrum-X Ethernet AI-optimized networking... More

BofA Securities Reiterates Buy Rating on NVIDIA (NVDA)

June 3, 2024 5:23 AM EDT

BofA Securities analyst Vivek Arya reiterated a Buy rating and $1,500.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We maintain Buy and $1500 PO on top pick NVDA following CEO keynote ahead of Computex (Annual computer expo) in Taiwan over the weekend. Key... More

Citi Reiterates Buy Rating on NVIDIA (NVDA)

June 3, 2024 5:21 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $1,260.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "On Sunday, NVIDIAs CEO Jensen Huang, via a keynote, reiterated the companys goal to bring Gen AI through AI factories and Blackwell-powered data... More