Nvidia’s stock has been experiencing significant rises. This movement is influenced by the recent earnings reports from Alphabet and Intel, which have implications for Nvidia as a chip maker. Wall Street analysts, particularly from Morgan Stanley, have increased their estimates for Nvidia, citing explosive demand for inference technology. Despite some concerns about a potential crash, one analyst predicts Nvidia stock could reach $150. Investors are weighing these insights to decide if Nvidia is a worthwhile buy.
— new from Barron’s