ChipsYahoo Financeabout 1 hour ago
Bank of America resets Nvidia stock target post-CFO meeting
1 min read
Bank of America reset its Nvidia stock target after meeting with CFO Colette Kress at Global Technology Conference. Analysts gained insight into Nvidia's Vera Rubin AI platform entering full production with global partner support. The RTX Spark superchip for Windows PCs was introduced to run AI models locally. Nvidia's full-stack approach and demand outlook were highlighted by investor relations executive Stewart Stecker. Stock is valued at 35 times forward non-GAAP earnings.
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