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NVIDIA Corp NVDA: Citi Raises Price Target Amid Blackwell Sales Optimism

Published on November 16, 2024
Citi, a leading financial institution, has raised the price target for NVIDIA Corp (NVDA) based on optimistic sales expectations for their Blackwell product. The Blackwell technology has gained significant traction in the market, with industry leaders in Japan building NVIDIA AI infrastructure to transform various industries. As the age of AI dawns, NVIDIA's position as a cloud leader has been firmly established. Investors are recommended to seek professional advice from Stocks Prognosis on the forecasted movement of NVDA stocks.

Investor opinions & comments

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DylanRamos

November 19, 2024 at 13:34

The AI industry is booming, and NVIDIA is in a great position to capitalize on this growth. I have high hopes for their Blackwell sales

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InvestorIshmael

November 19, 2024 at 11:52

I'm looking forward to seeing how Blackwell technology continues to transform various industries. It's an exciting time for AI

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CashClaire

November 19, 2024 at 04:14

While the sales expectations for Blackwell are optimistic, I wonder if they will live up to the hype. It's always risky to rely too heavily on one product

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GrowthGreg

November 19, 2024 at 01:41

I'm excited to see NVIDIA's Blackwell technology gaining traction in the market. This could be a big boost for their sales

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InvestmentIrene

November 18, 2024 at 17:14

I have faith in NVIDIA's ability to deliver innovative and successful products. I think their stock will continue to rise

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BrianMartin

November 17, 2024 at 15:52

NVIDIA's position as a cloud leader gives them a strong advantage in the age of AI. I think their stock will continue to perform well

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MeganThompson

November 17, 2024 at 11:14

I'm not convinced that Blackwell will have a significant impact on NVIDIA's sales. There's a lot of competition in the AI market

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RiskyRandy

November 17, 2024 at 05:57

I'd like to know how Blackwell compares to other AI technologies on the market. What sets it apart?

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PenelopeWest

November 16, 2024 at 14:36

I'm interested in learning more about the specific industries that NVIDIA AI infrastructure is transforming in Japan

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TraderTobias

November 16, 2024 at 14:10

NVIDIA has a strong track record in the AI industry, so I'm confident in their ability to succeed with Blackwell

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RachelLee

November 16, 2024 at 11:58

The raised price target from Citi is a good sign that investors have confidence in NVIDIA's future success

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NatalieBaker

November 16, 2024 at 04:02

I'm curious to know if there are any plans for NVIDIA to expand their Blackwell technology to other markets beyond Japan