Edwin TTH
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ColumnsNvidia Targets $1,000 Milestone Following AI Conference Buzz: Analysts Predict Up to 15% Surge
$NVIDIA(NVDA.US$'s stock price increased following a consistent climb after surpassing the $900 mark on Wednesday. The rise continued through the end of the week, coinciding with the Nvidia GTC conference for AI developers. According to IBD MarketSurge's weekly chart, Nvidia's stock has experienced an 11-week rally since its breakout in January. At the recent AI developer conference, Nvidia's CEO Jense...
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Edwin TTH : That’s not exactly a target at all! At $950, $1000 is a mere 5% away. When it hits that price I’m sure there’ll be further re-rating upwards. The analysts will all be behind the curve on this one.