Glonghui, May 24 | J.P. Morgan Chase released a report saying that Nvidia's last quarter's performance beat expectations. The bank focused on increasingly broad customer demand. In addition to consumer Internet hyperscale enterprises, enterprises and corporate vertical industries are also driving strong quarterly growth in Nvidia's business. More importantly, management pointed out that demand will continue to exceed supply within next year, which may ease concerns about inventory increases and adjustments in the second half of next year. The bank raised the target price from $850 to $1,150, reaffirming the “overweight” rating.
大行评级｜摩根大通：上调英伟达目标价至1150美元 重申“增持”评级
Bank Ratings | J.P. Morgan Chase: Raising Nvidia's Target Price to $1,150 to Reiterate “Overweight” Rating
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