Nvidia's Stock Surge: Mizuho & Bank of America Predict 24% Jump

Mizuho Securities predicts a significant stock price increase for Nvidia, setting a price target of $850 per share, a 24% jump from its current value. This optimistic outlook is driven by Nvidias strong data center business and high demand for its specialized GPUs, essential for AI applications. Bank of America shares this optimism, setting an even higher price target of $925 per share. Nvidias shares have already surged by over 70% this year, reflecting market confidence in its role in the AI sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.