Nvidia Rises As Citi Reiterates Buy, Boosts Estimates on Rising GPU Demand

seekingalpha2023-07-17

Nvidia shares rose 0.8% in pre-market trading on Monday as investment firm Citi reiterated its buy rating and raised its earnings estimates on the semiconductor giant due to rising GPU demand.Analyst ...

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In addition, Malik said he has a better understanding of the competition that custom ASIC and AMD chips are providing in the data center space, as well as th","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"花旗重申买入Nvidia股价上涨，提振对GPU需求上升的预期","themeId":"95e3e7595ac2407d82a2e646db9ba6e0","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1.1},"content_text":"Nvidia shares rose 0.8% in pre-market trading on Monday as investment firm Citi reiterated its buy rating and raised its earnings estimates on the semiconductor giant due to rising GPU demand.Analyst Atif Malik, who also boosted his per-share price target to $600 from $520, noted there are \"multiple\" new data center orders of $2B or more. 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