Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king
Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. That’s not a concern to us, though, because Nvidia’s underlying… Article Source https://www.cnbc.com/2024/11/20/nvidias-earnings-cleared-our-lofty-bar-heres-our-new-price-target-on-the-ai-chip-king.html