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Benzinga
Benzinga
Business
Piero Cingari

Nvidia's $500 Billion Dream Looks Real – And Goldman Is More Bullish Than Ever

Nvidia James Schneider Goldman Sachs Nvidia Corp United States
nvidia dall-e

Despite a 9% weekly rally that pushed Nvidia Corp. (NASDAQ:NVDA) to a $5 trillion valuation milestone, Goldman Sachs says the party is far from over.

The investment bank sees more upside ahead for the AI chip leader, with analyst James Schneider lifting the stock's 12-month price target to $240, up from $210. That implies nearly 20% upside from current levels.

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