Wall Street Starts a Wave of Optimism for Nvidia (NVDA.US)! Loop Capital Sets Highest Target Price at $350

According to the Wise Finance APP, Loop Capital has raised its target price for Nvidia (NVDA.US) from $250 to $350, which is currently the highest target price given by Wall Street. If calculated based on the target price on Monday, Nvidia's market value will reach $850 billion. Loop Capital analyst Ananda Baruah stated that Nvidia's GPU shipment volume in the next 12 to 15 months will significantly increase due to strong demand for the GB200 NVL72 racks in the market.