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Barclays Raises Nvidia Price Target to $200 on AI Chip Demand Surge
Barclays Raises Nvidia Price Target to $200 on AI Chip Demand Surge
20
3
Barclays analyst Thomas O''Malley boosted Nvidia''s price target by 18% to $200, citing robust supply chain indicators and anticipated Compute revenue growth. The new target implies 39% upside potential - nearly double Wall Street''s consensus - as Blackwell chips and data center demand drive second-half performance.
Supply chain checks revealed a $2 billion revenue opportunity above expectations for July, prompting Barclays to raise its full-year Compute revenue forecast to $37 billion. Semiconductor analysts note Nvidia''s pricing power remains intact across AI accelerator markets.
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