Mizuho & Bank of America Bullish on Nvidia

Mizuho Securities and Bank of America predict a significant increase in Nvidias stock value, with Mizuho setting a price target of $850 and Bank of America at $925. This optimism is driven by Nvidias strong position in the AI sector, particularly its data center business, and the high demand for its GPUs. Nvidias shares have already surged by over 70% this year, reflecting investor confidence. The upcoming earnings report on May 22nd will be closely watched to see if Nvidia meets these high expectations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.