Analysts revise Nvidia (NVDA) stock price target

After its CEO Jensen Huang laid out plans for new artificial intelligence (AI) accelerator chips, the stock of technology giant Nvidia (NASDAQ: NVDA) has climbed to its new all-time high (ATH), and Wall Street analysts have started to adjust their NVDA stock price targets accordingly.As it happens, NVDA stock price has soared in response to the bullish news announced at Taiwan’s showcase event, Computex 2024, during which Huang announced that Nvidia would roll out Blackwell Ultra chips in 2025 and a new Rub ...