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NVIDIA (NVDA) raised to $315 at UBS following tech conference
March 27, 2023 8:33 AM EDTUBS reiterated a Buy rating on NVIDIA Corp (NASDAQ: NVDA) and raised their price target on the stock to $315.00 (From $270.00) following NVIDIA GTC (GPU Technology Conference).
The conference hosted hundreds of panels and presentations ranging from general knowledge to very technical. Analyst, Timothy Arcuri listened to some he considered to be most relevant and, overall, confirmed UBS view that NVDA is quite literally the nexus of AI.
NVDA created necessary corridors of cloud capacity over the past few Qs, announced ~$2.2B of pre-payments to various CSPs, and announced its new DGX Cloud... More
