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Nvidia Corp.’s stock is up over 30% this year, but expectations just got even higher.
Several investment banks have boosted their price targets on the chip giant ahead of its highly anticipated quarterly report next week. Analysts at Morgan Stanley, Cantor Fitzgerald and Mizuho are anticipating that Nvidia
NVDA will beat revenue and earnings expectations as the company’s Blackwell architecture ramps amid a backdrop of surging demand for computing power to support artificial intelligence.
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