Loop Capital lifts Nvidia target to street high of $250 on AI chip spending

Loop Capital lifts Nvidia target to street high of $250 on AI chip spending
Loop Capital increased the price target for NVIDIA to $250, citing growing capital spending on AI chips. The firm predicts a surge in GPU demand, estimating a $2 trillion market by 2028. This investment could support a $6 trillion market value for Nvidia if earnings forecasts are met.