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BTCC / BTCC Square / Global Cryptocurrency /
Wedbush Raises Nvidia Price Target 23% on AI Demand Surge Ahead of Q2 Earnings

Wedbush Raises Nvidia Price Target 23% on AI Demand Surge Ahead of Q2 Earnings

Author:
Global Cryptocurrency
Published:
2025-08-22 23:33:02
4
3
BTCCSquare news:

Wedbush analyst Matt Bryson elevated Nvidia's price target from $175 to $210 ahead of its August 27 earnings report, maintaining a bullish 'Buy' rating. The revision reflects hyperscale AI spending momentum, sustained GPU demand, and recovering China sales—implying 20% upside potential.

Bryson, ranked among TipRanks' top 1% of analysts with a 73% success rate, anticipates Nvidia will surpass Q2 expectations. His August 2019 NVDA call yielded 190% returns. GPU shipments remain on track for late Q3/Q4, with hyperscalers accelerating infrastructure investments.

|Square

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