Gelonghui on November 7th: nvidia (NVDA.US) rose more than 1.3%, reaching a high of $147.58, hitting a new high, with a total market value exceeding $3.6 trillion. On the news front, Goldman Sachs published a report reiterating a "buy" rating on nvidia, and also included it in the "conviction buy" list. Although the company is expected to have a breakthrough quarter in the first fiscal quarter disclosed in April next year, as Blackwell's advancement and improvement in supply conditions are anticipated to bring significant positive adjustments to earnings per share. The bank forecasts the company's non-GAAP earnings per share (excluding stock-based incentives) for fiscal years 2025 and 2026 at $4.63 and $5.54, respectively, which are 14% higher than market expectations. The bank's target price for nvidia is $150, believing that AI infrastructure supply has yet to catch up with demand. (Gelonghui)
美股异动丨英伟达涨超1.3%续创新高 总市值超3.6万亿美元 获高盛重申“买入”评级
U.S. stock market abnormal movement | Nvidia rose more than 1.3%, hitting a new high. The total market value exceeds 3.6 trillion U.S. dollars, receiving a buy rating reiteration from Goldman Sachs.
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