Oppenheimer Boosts Nvidia Stock Price Target

Oppenheimer raises Nvidias price target to $265, citing high demand, clear market position, and strategic role in AI development. The chipmakers upcoming Blackwell and Rubin platforms are expected to generate billions in data center revenue. However, some analysts view the target as overly ambitious due to Nvidias high valuation and potential competition from AMD and Intel. Investors will closely watch Nvidias earnings report on November 19th. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.