AI Growth and Revenue Risks Explained – Azat TV
Quick Read
- Goldman Sachs raised Nvidia’s price target to $210, maintaining a Buy rating amid strong AI sector growth.
- Analysts warn of ‘circular revenue’ risks, where Nvidia funds customer purchases of its own chips.
- KeyBanc expects Nvidia’s Q3 revenue to surpass consensus, projecting $56.3B and strong rack shipments.
- Nvidia is expanding in China, resuming product shipments despite regulatory challenges.
- Wall Street consensus remains bullish with an average $216.50 price target and 15% upside.
Nvidia’s Price Target Gets a Lift: What’s Driving Analyst Optimism?
In the rapidly evolving world of artificial intelligence, Nvidia (NASDAQ: NVDA) has emerged as a defining force. The company’s stock, long seen as a bellwether for the…