Nvidia has seen tremendous growth in its market capitalization over the past few months, rising from less than $400 billion to over $3.3 trillion at the time of writing. The company has become the largest in the world, surpassing competitors like Microsoft and Apple. Despite this rapid rise, analysts and technical analysis indicators suggest that there is more growth ahead for Nvidia. Many analysts have revised their price targets upwards, with some predicting a 47.51% increase in the stock price. Overall, investor confidence in Nvidia and the AI sector as a whole remains strong, with significant opportunities for further growth in the future.
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Prediction of Nvidia’s Stock Price
