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Nvidia’s Stock Soars Amid Supply Hurdles | Raleigh News
Nvidia’s latest earnings report shattered expectations, sending its stock soaring nearly 9% the next day as investors embraced a bullish new price target from analyst Simon Leopold — over 40% higher than his prior estimate. Despite lingering concerns about AI spending, competition, and rising costs, Leopold argues Nvidia’s real challenge isn’t demand but supply: the company’s explosive data center sales are outpacing its ability to deliver hardware. While the outlook remains incredibly optimistic, hitting these lofty targets hinges on flawless execution — and risks like customer concentration…
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