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Nvidia's market capitalization has surged by $350 billion amid a 'gamma squeeze' and volatile trading since reporting its first-quarter earnings. This increase, driven by a feedback loop in the options market, has propelled Nvidia's stock value to nearly triple over the past year, reaching $2.68 trillion. Bank of America has raised its price target for Nvidia to $1,500, citing a multi-generational roadmap in GPUs and networking. Wells Fargo also maintains an Overweight rating with a price target of $1,250. During the Computex expo, Nvidia CEO Jensen Huang announced the Blackwell Ultra Chip for 2025 and the Next-Generation Rubin Platform for 2026, bolstering the company's AI leadership position.
NVIDIA $NVDA price-target raised to $1,500 at Bank of America, citing "multi-generational roadmap visibility" and a potential to sustain 80% market share in AI accelerators: "Key product announcements continue to bolster NVDA's AI leadership position... Importantly, NVDA is now…
$NVDA Nvidia's Computex announcements extend AI leadership, says BofA analyst Vivek Arya maintains a Buy rating and $1,500 price target on "top pick"
BofA RAISES $NVDA PT TO $1,500 FROM $1,350 WITH AN OVERWEIGHT RATING BofA says Nvidia has a "multi-generational roadmap in GPUs/networking." Analyst Comments: “Key product announcements continue to bolster $NVDA's AI leadership position,” highlighting the new GB200 NVL2…