Nvidia hits record high as Goldman Sachs boosts PT on AI prospects

Feb 5 (Reuters) - Nvidia's shares (NVDA.O) scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its ...

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Nvidia Hits Record High As Goldman Sachs Boosts PT On AI …

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Feb 5, 2024 · Goldman Sachs analysts raised their price target for Nvidia to $800, the third highest among U.S. analysts covering the stock and indicating a 21% upside from current …

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Nvidia Stock Hits Record High After Goldman Raises Price Target …

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Feb 5, 2024 · Key Takeaways. Nvidia shares reached a record high in intraday trading Monday after Goldman Sachs analysts raised their price target to $800, citing artificial intelligence (AI) …

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Nvidia Eyes Fresh Record As Goldman Sachs Bullish On AI Prospects

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Feb 5, 2024 · It was valued at $1.63 trillion as of Friday's close. Nvidia has emerged as a poster child of the AI frenzy and saw a record monthly jump in its market value in January. The …

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Nvidia Stock Spikes To Record High After Goldman Sachs Report ...

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Feb 5, 2024 · On the stock market today, Nvidia stock rose 4.8% to close at 693.32. Earlier in the session, it notched a record high 694.97. In a client note, Hari said Nvidia will benefit from …

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Nvidia Stock Hits Record On Earnings, Analysts See It Hitting $1,000

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Feb 22, 2024 · But Nvidia is back and better than ever. The tech giant’s stock — which has been on a huge rally over the last year — soared 16% Thursday to a new high of $785. Still, some …

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6 Reasons Why Nvidia Will Jump Another 21% From Record Highs, …

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Feb 5, 2024 · In a Monday note, Goldman Sachs raised its Nvidia price target from $625 to $800, representing potential upside of 21% from Friday's close. Nvidia stock jumped as much as 5% …

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Will AI boost Nvidia's stock?

(Reuters) -Nvidia's shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings from the artificial intelligence (AI) boom. The stock rose about 4% to $689.21 and looked set to add about $70 billion to the company's market capitalization. ...

Why did Nvidia (NVDA) stock reach a record high?

Nvidia (NVDA) shares reached a record high in intraday trading Monday after Goldman Sachs analysts raised their price target on the stock, saying that demand for artificial intelligence (AI) and improved graphics processing unit (GPU) supply could boost the chipmaker's position. ...

Why were Nvidia shares a record high in intraday trading?

Nvidia shares reached a record high in intraday trading Monday after Goldman Sachs analysts raised their price target to $800, citing artificial intelligence (AI) demand and improved graphics processing unit (GPU) supply. Goldman analysts said recent industry data showed robust AI server demand and improving GPU supply. ...

Why did Nvidia stock jump to an all-time high?

Nvidia ( NVDA) stock jumped to an all-time high on Monday after investment bank Goldman Sachs hiked its price target on the maker of chips for artificial intelligence. Analyst Toshiya Hari raised his 12-month price target on Nvidia stock to 800 from 625. ...

Why did Nvidia's shares Spike a new peak on Monday?

Feb 5 (Reuters) - Nvidia's shares (NVDA.O) scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings from the artificial intelligence (AI) boom. ...

Why did Nvidia stock rise 4% on Monday?

Nvidia's shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings from the artificial intelligence (AI) boom. The stock rose about 4% to $689.21 and looked set to add about $70 billion to the company's market capitalization. ...