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Analyst reworks Nvidia stock price target on Blackwell demand forecast

Analyst reworks Nvidia stock price target on Blackwell demand forecast

Nvidia has said Blackwell demand will likely drive revenue beyond the group’s estimate of ‘several billion dollars’ this quarter.
 
 

Nvidia shares bumped higher in late-morning Tuesday trading, and edged into positive territory for the year, following a bullish note on Blackwell chip demand heading into the AI market leader’s fiscal-fourth-quarter earnings next month. 

 

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