Nvidia's AI Boom: Analysts Predict 24% Upside

Financial analysts, including Mizuho Securities and Bank of America, are bullish on Nvidia, predicting a significant stock rally. They cite the companys strong AI market position and robust data center business, driven by high demand for its GPUs in AI applications. Nvidias stock has already surged by over 70% this year, and investors eagerly await its earnings report on May 22nd to see if these optimistic predictions hold true.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.