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

By Yahoo! Finance   |   2 weeks ago
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.

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