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Wall Street Boosts Nvidia Targets as AI Demand Surges

Wall Street Boosts Nvidia Targets as AI Demand Surges

Author:

Global Cryptocurrency

Published:

2025-11-04 10:42:02

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BTCCSquare news:

Nvidia's stock climbed 2.17% to $206.88 as analysts revised targets upward, citing $500 billion in order visibility through 2026. Jefferies raised its price target to $240, while Loop Capital set a Street-high $350 target—implying 69% upside potential.

Revenue estimates now stand at $293 billion for 2026 and $384 billion for 2027, fueled by demand for Blackwell and Rubin AI processors. Microsoft secured approval to export 60,400 Nvidia chips to the UAE, while Amazon locked in GPU access through a $38 billion OpenAI cloud deal.

The chipmaker's momentum reflects accelerating institutional adoption of AI infrastructure. With order books stretching years into the future, Nvidia continues to dominate the hardware underpinning generative AI development.

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