UBS analyst Timothy Arcuri raised the firm’s price target on Nvidia to $315 from $270 and keeps a Buy rating on the shares. The company’s keynote and Analyst Q&A presentations last week confirmed the firm’s view that Nvidia is the nexus of AI, and the firm is struck by the sheer scope of the opportunity and Nvidia’s position in data science/large models, software, and hardware leadership, the analyst tells investors in a research note.
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Published first on TheFly
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