Nvidia Corp. received two bullish analyst revisions in as many days, with Oppenheimer on 15 July raising its 12-month price target to $200 from $175, followed by BofA Global Research on 16 July lifting its target to $220 from $180. Both firms cited continued strength in demand for the chipmaker’s data-center products. The company has also restored an order for about 300,000 H20 artificial-intelligence chips at Taiwan Semiconductor Manufacturing Co., according to market commentary. The chips, originally cancelled, are now being procured to meet stronger-than-expected demand from Chinese customers. News of the order pushed Nvidia shares up roughly 1.5 % in U.S. pre-market trading on 29 July. The moves come ahead of a closely watched round of earnings from technology giants including Microsoft, Meta Platforms, Apple and Amazon, which together account for about one-fifth of the S&P 500’s market value. Investors are looking to the results and forecasts from the sector’s leaders to gauge whether this year’s equity rally can be sustained.