Nvidia Draws Bullish Analyst Attention as Valuation Projections Soar
Nvidia's stock trajectory became a focal point for Wall Street analysts this week, with J.P. Morgan identifying options trading opportunities and Bernstein maintaining its Outperform rating. The chipmaker's shares gained momentum as one bold projection suggested an $8.5 trillion market valuation—a figure that WOULD dwarf current corporate giants.
Bernstein's endorsement provided stability during volatile sessions, while J.P. Morgan's undisclosed options strategy hinted at anticipated price movements. The collective analyst activity underscores Nvidia's growing gravitational pull in tech investing circles.