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Nvidia Stock Surges on Raised Price Target Amid AI Boom

Nvidia Stock Surges on Raised Price Target Amid AI Boom

Published:
2025-11-03 20:25:02
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BTCCSquare news:

Nvidia's market dominance continues as Loop Capital Markets elevates its price target to $350—the highest on Wall Street—implying a potential $8.5 trillion valuation. Shares rallied over 50% this year, fueled by Blackwell GPU shipments and generative AI adoption.

Rosenblatt Securities also raised its target, citing $500 billion in expected Blackwell orders through 2026. Analysts compare Nvidia's AI platform expansion to a 'Golden Wave,' with pricing power and volume growth defying traditional semiconductor cycles.

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