Nvidia (NVDA) stock is back in focus ahead of the company's Aug. 26 earnings report, and GF Securities ****** yst Jeff Pu believes Nvidia's next-generation Vera Rubin platform could be the key to its next major growth cycle.
Pu recently raised his NVDA stock price target to $345 from $308 while maintaining a "Buy" rating, citing increasing orders from major U.S. cloud providers. The call comes as investors look beyond Nvidia's current Blackwell business and ask whether the company can maintain its artificial intelligence (AI) dominance through 2027 and beyond.
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#beyond
Pu recently raised his NVDA stock price target to $345 from $308 while maintaining a "Buy" rating, citing increasing orders from major U.S. cloud providers. The call comes as investors look beyond Nvidia's current Blackwell business and ask whether the company can maintain its artificial intelligence (AI) dominance through 2027 and beyond.
Third Point Starts to Raise Alarm Bells on Broadcom After Dumping AVGO Stock in Q2
Nvidia Q2 Preview: Strong Earnings and Low Valuation Set the Stage for Upside
A $28.7 Billion Reason to Buy SK hynix Stock Now
#beyond
7 hours ago