JPMorgan Expects Further Upside for NVIDIA (NVDA) Despite Supply Constraints

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Gaining Attention on Wall Street. On September 4, JPMorgan analyst Harlan Sur reiterated an Overweight rating on the stock with a $215.00 price target. The rating affirmation follows the firm’s investor group meeting with Toshiya Hari, VP of IR and Strategic Finance at NVIDIA, particularly focusing on its Data Center business. According to the firm, demand is continuously outpacing supply for Nvidia’s data center products. This had caused lead time ...