Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

BofA Review NVIDIA (NVDA) GTC, 'AI dominance continues in training + inference'

BofA Securities analyst Vivek Arya reiterated a Buy rating and $1,100.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Maintain Buy, $1100 PO and top compute pick following financial analyst Q&A session at GTC 2024 (see our initial GTC takeaways report). Overall,... More

NVIDIA (NVDA) PT Raised to $950 at Argus

Argus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $950.00 (from $850.00) while maintaining a Buy rating.

The analyst comments "In summary, Nvidia continues to develop ever more powerful generative AI tools and is now powering trillion-parameter multi-mode models. New... More

NVIDIA (NVDA) PT Raised to $850 at Deutsche Bank, Remains Sidelined

Deutsche Bank analyst Ross Seymore raised the price target on NVIDIA (NASDAQ: NVDA) to $850.00 (from $720.00) while maintaining a Hold rating.

The analyst comments "At this years GTC, NVDA reinforced its reputation as the top enabler of AI innovation, with its influence both broad (end customers span applications from 6G to drug discovery to robots/cobots) and deep (NVDA products increasingly addressing the vertical... More

CFRA Comments on NVIDIA (NVDA) Conference

CFRA analyst Angelo Zino reiterated a Buy rating and $1,000.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "
We took away three important messages from Jensen Huang's GTC keynote. First, hardware revenue has more upside, as NVDA's Blackwell GPU (B200) will command higher... More

NVIDIA (NVDA) PT Raised to $1,000 at Goldman Sachs, 'we come away from the keynote with a renewed appreciation'

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $1,000.00 (from $875.00) while maintaining a Conviction Buy rating.

The analyst comments "On March 18, we attended a keynote by Nvidia's Founder and CEO, Jensen Huang, at GTC 2024. In a sold-out SAP Center in San Jose, CA, Mr.... More

Nvidia stock gains again as more analysts lift targets into GTC catalyst

Nvidia (NASDAQ: NVDA) shares gained nearly 3% Monday after another investment bank raised their target price on the stock ahead of the chipmakers long-awaited GTC global artificial intelligence conference set to kick off Monday.

Notably, an analyst at HSBC Global Research lifted their target price on NVDA from $880 to $1,050, implying nearly 20% more upside from current levels.

We are encouraged by... More