Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year
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Go back to Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year
June 6, 2024 10:45 AM EDT
Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Electric vehicle growth depends on a well-functioning electric grid with relatively affordable electricity prices. Teslas capability in distributed energy generation (solar) and storage... More
June 5, 2024 3:14 PM 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 a group meeting with Founder, President and CEO Jensen Huang in Taiwan on the side of Computex 2024. Mr. Huang discussed his... More
June 5, 2024 6:42 AM EDT
Bank of America reinforced its bullish stance on NVIDIA (NASDAQ: NVDA) in a note Wednesday, calling it a "top sector pick" and maintaining a Buy rating and price target of $1,500 per share.
BofA cites a recent meeting with Nvidia executives who emphasized "very positive" demand and a growing customer base limited only by supply constraints. The firm sees Nvidia as "NVDA best positioned to... More
