Nvidia Corp(NASDAQ:NVDA) shares are trading higher ahead of this week's earnings report.
Rosenblattanalyst Hans Mosesmann maintained a Buy rating on Nvidia with a $1,400 price target.
Mosesmann expects Nvidia to beat and raise in the April quarter, albeit not reaching the levels of the January quarter, due to improved supply and anticipated year-over-year deceleration from tougher comparisons.
Also Read:Nvidia Faces Competition as Microsoft Considers AMD for Cloud AI Needs Amid GPU Shortage
The analyst noted that Nvidia still faces shortages of CoWoS and HBM, although the shortage of CoWoS will likely improve as the...
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