Nvidia Won't Cede Its Leading Position Anytime Soon -- Market Talk
Dow Jones00:18
1218 ET - Nvidia's position as the critical provider of compute equipment doesn't appear to be changing anytime soon, Davidson analysts say in a research note. Nvidia's solutions are far more flexible and established than those of its competitors, and the company is adapting to memory shortages and planning ahead to meet demand, the analysts add. They expect another strong quarter even without any sales to China, as Nvidia is scheduled to report first-quarter results after the market closes on Wednesday. Davidson reiterates its buy rating and raises its price target to $300 from $250. (connor.hart@wsj.com)
(END) Dow Jones Newswires
May 18, 2026 12:18 ET (16:18 GMT)
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