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Nvidia gets a new bull on Wall Street as William Blair starts at buy

September 18, 2024 8:04 AM EDT

NVIDIA (NASDAQ: NVDA) gained a new bull on Wall Street as William Blair initiated coverage of the stock with an Outperform rating, citing the company's leadership in parallel computing and its dominant position in the AI industry.

According to the firm, "Nvidia has a long and storied history of designing parallel computing systems," which has propelled the company into high-growth markets like gaming, automotive, and high-performance computing (HPC).... More