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DA Davidson Analyst Raises Nvidia Price Target Amid AI Demand Surge

DA Davidson Analyst Raises Nvidia Price Target Amid AI Demand Surge

Author:

Global Cryptocurrency

Published:

2025-10-29 11:03:02

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BTCCSquare news:

Nvidia's stock surged 5% following its GTC event, where the chipmaker unveiled strategic AI advancements and partnerships. DA Davidson's Gil Luria increased his price target to $250, citing underestimated demand for AI compute and data center growth potential.

The Blackwell and Rubin GPU generations, expected in 2025-2026, are projected to drive Nvidia's next growth phase. With the stock nearing a historic $5 trillion market cap, institutional confidence in AI infrastructure remains unshaken.

By:

Nokia Shares Retreat After 40% Surge on Nvidia AI Partnership

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