Nvidia Stock Climbs as Analysts Boost Price Targets

Analysts forecast strong earnings and demand, lifting Nvidia shares despite recent volatility and trade concerns.

Nvidia shares rose over 3% after analysts raised price targets, citing strong demand and upcoming earnings.
Piper Sandler increased its price target to $140, while Loop Capital set a new target of $175.
Nvidia's stock tested key support levels but rebounded, maintaining a long-term uptrend.
The company is developing an AI chip for the Chinese market compliant with U.S. trade restrictions.
Nvidia remains a leader in AI and accelerated computing, with demand visibility extending into mid-2025.