Analyst revamps Nvidia stock price target ahead of earnings
Wed, May 1, 2024 9:18 AM

Analyst revamps Nvidia stock price target ahead of earnings

A Flip by Shubhangi Gupta
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Back in March, Nvidia had some big news to share. The chipmaker used its GTC event to unveil the Blackwell GPU architecture, which, Nvidia said, will "power a new era of computing." The company said Blackwell will enable organizations to build and run real-time generative AI on trillion-parameter large language models at up to 25 times less cost and energy consumption than its predecessor.

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