Mizuho Securities recommends Nvidia: Q2 financial report will become a major catalyst and can rise another 26%
阿豆学长长ov
发表于 2024-8-12 11:04:26
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Although Nvidia's stock price has fallen nearly 18% in the past month, according to Mizuho Securities, the stock still has a lot of room for growth, and its upcoming performance report will become the main catalyst for artificial intelligence (AI) stocks. In its latest report, the bank stated that investors should ignore the noise related to possible delays in Nvidia's next-generation Blackwell chips, and pointed out that the market demand for its GPU chips is still ongoing. Mizuho stated that the production capacity of Nvidia's current generation H100 and H200 chips is still "tight", and any delay from Blackwell will not affect demand, only delaying the company's revenue by about two to three months. The bank raised Nvidia's target price from $127.50 to $132, which means the stock will rise about 26% from last Friday's closing price.
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