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Nvidia's stock could ride to $800, says Goldman Sachs. Here's its path.
NvidiaNvidia(US:NVDA) Market Watch·2024-02-05 23:54

Nvidia Corp.’s rapid growth has Wall Street wondering how long the company can keep up its momentum, but a Goldman Sachs analyst is feeling increasingly upbeat. Goldman’s Toshiya Hari no longer assumes that the company’s data-center revenue will drop off during the second half of this calendar year. Now, he’s modeling “consistent growth” through the first half of calendar year 2025, fueled by numerous drivers. Hari is encouraged that large cloud service providers continue to spend up on artificial-intellige ...