Shares of Nvidia (NVDA) are soaring on Monday following the firm’s announcement of new AI chips, sparking optimism among investors and analysts. In a bullish move, economic organization of America analysts have raised their price target on the chipmaker to $1,500, up from the previous target of $1,320.
Yahoo money management’s Seana Smith and Madison Mills break down the details, providing insight into the intensifying competition as AMD (AMD) unveiled its own AI chip.
#Nvidia #news
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