Nvidia Corp. continues to rack up bullish endorsements as analysts contemplate the vast opportunities ahead for the leader in artificial-intelligence chips.
Nvidia NVDA “is the obvious flagship AI company, whose decisions over the last two decades have positioned it for long-term benefits,” wrote Melius Research analyst Ben Reitzes, who initiated coverage of the stock late Monday with a buy rating and $625 price target. The upcoming earnings season could lead chip stocks to diverge between the “haves” and “have-nots” of AI, and Arya likes Nvidia’s stock setup even more in that scenario.
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