$NVIDIA(NVDA)$ I'm more inclined to trust the analysts who seem knowledgeable—they all think the stock is heading higher into earnings, so I'll just go with their predictions.
$NVIDIA(NVDA)$ Wells Fargo raised their price target on Nvidia to $315 from $265, maintaining an Overweight rating. Susquehanna adjusted their target to $275 from $250, keeping a Positive rating. SIG analyst Christopher Rolland also increased his target to $275 from $250, maintaining a Buy rating.
$Advanced Micro Devices(AMD)$ Following the earnings report on Wednesday, May 6th, Goldman Sachs set a target of $450 and Bernstein projected $525, among several other upgrades. If we break 430, the stock could head towards 500.
$NVIDIA(NVDA)$ Good to see this. Wall Street is finally starting to accept that AI is here to stay, and constantly worrying about capital investments seems a bit overdone. Let's see how this stock goes, Jensen is a genius.
$NVIDIA(NVDA)$ Nvidia is pushing through the $5T mark, with Google fast approaching $5T as well. I think Nvidia will soon turn on the afterburners toward $6T to leave Google behind. Just my opinion.
$Advanced Micro Devices(AMD)$ From a pure market cap perspective, given its market share, does it not still seem massively undervalued at under $700B? Looking at it that way, a double feels easy.