Nvidia Analysts Grow More Bullish on Chipmaker's Stock After Strong Earnings

Key TakeawaysAfter Nvidia reported third-quarter results that blew past estimates, several analysts raised their price targets for the chipmaker's stock.Nvidia's data center revenue reached a quarterly record on strong demand for its AI chips, and the company said it expects to ship more of its Blackwell AI chips than previously expected.Nvidia's chips could also drive greater spending across the tech sector, Wedbush analysts said. After Nvidia (NVDA) reported record quarterly revenue driven by gains in its ...