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Citi raises NVIDIA’s price target, citing strong AI demand and dominant market position.
Citi has upgraded its price target on NVIDIA stock, citing strong demand for the company’s AI-powered data center GPUs and its dominant position in artificial intelligence and high-performance computing.
The firm highlighted NVIDIA’s sustained profit margins, leadership in generative AI and autonomous systems, and ability to innovate amid growing competition.
The move reflects growing confidence in NVIDIA’s long-term growth prospects despite challenges in scaling operations.
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Citi eleva el objetivo de precios de NVIDIA, citando una fuerte demanda de IA y una posición dominante en el mercado.