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NVDA / NVIDIA stock climbs as Goldman Sachs adds chipmaker to ‘conviction list'

NVIDIA stock climbs as Goldman Sachs adds chipmaker to ‘conviction list'
NVIDIA Corp shares rose nearly 3% to $446.09 in midday trading on Monday after Goldman Sachs analysts added the semiconductor manufacturer to the bank's 'Americas Conviction List', an upgrade from its previous 'Buy' rating, while maintaining their $605 per share target price on the stock.   "Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," the analysts wrote. Read More
Posted: Oct 2 2023, 13:10
Author Name: Proactive Investors
Views: 111678

NVDA News  

1 Overlooked Reason Nvidia's Profits Could Soar Over the Next Decade

By The Motley Fool
November 3, 2023

1 Overlooked Reason Nvidia's Profits Could Soar Over the Next Decade

Nvidia is set to haul in record amounts of cash, and what it's been doing with some of that cash might be going overlooked. Widespread bets in startup more_horizontal

3 Tech Stocks That Wall Street Loves More Than Nvidia

By InvestorPlace
November 2, 2023

3 Tech Stocks That Wall Street Loves More Than Nvidia

The future of the U.S. economy appears to be at a pivotal juncture as the Federal Reserve maintains interest rates at a 22-year high, with the possibi more_horizontal

Nvidia Can Survive the Latest Chip Wrecks. Here's Why.

By Barrons
November 2, 2023

Nvidia Can Survive the Latest Chip Wrecks. Here's Why.

Results form AMD and Taiwan Semiconductor suggest AI demand can survive an economic slowdown—and geopolitical worries. more_horizontal

This Nvidia partner has seen its stock surge 200% this year. But investors may be overlooking a risk.

By Market Watch
November 1, 2023

This Nvidia partner has seen its stock surge 200% this year. But investors may be overlooking a risk.

Super Micro Computer Inc., a longtime Nvidia Corp. partner and server maker, is now seeing over half of its revenue coming from AI-related server sale more_horizontal

Is Nvidia Losing Artificial Intelligence (AI) Customers to Intel?

By The Motley Fool
November 1, 2023

Is Nvidia Losing Artificial Intelligence (AI) Customers to Intel?

Should Nvidia stock investors be worried about AI competition? more_horizontal

Nvidia: Looking For Direction

By Seeking Alpha
November 1, 2023

Nvidia: Looking For Direction

We rate Nvidia Corporation stock a Hold, with the key consideration a conflict between two fundamental signals. On the one hand, there are signs that more_horizontal

Nvidia Might Lose Huge GPU Orders in China

By The Motley Fool
November 1, 2023

Nvidia Might Lose Huge GPU Orders in China

Are recent AI regulations putting pressure on Nvidia's orders? more_horizontal

Nvidia: Road To $1,200 By 2030

By Seeking Alpha
November 1, 2023

Nvidia: Road To $1,200 By 2030

Nvidia Corporation has performed exceptionally well in 2023, benefiting from the tailwinds of the AI frenzy sparked by the release of Chat-GPT last ye more_horizontal


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