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Nvidia’s AI Surge Drives Bullish Forecasts | Durham News
Nvidia’s stock is soaring as analysts like Oppenheimer keep betting big, maintaining an “Outperform” rating and a $265 price target despite market jitters. They’re forecasting explosive Q2 earnings, with even stronger Q3 outlooks fueled by next-gen platforms like GB200—projected to generate over $1 trillion in revenue by 2027. The upcoming Blackwell Ultra chip promises a major data center boost with superior performance-per-watt, giving Nvidia the edge in AI efficiency metrics. Beyond GPUs, their full-stack strategy—including networking, software, and the Vera CPU (expected to hit $20B by…
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