Nvidia's (NVDA.US) AI dominance is solid, Bank of America optimistically predicts that the stock price can rise by another 40%
Bank of America raised its forecast for Nvidia (NVDA.US) earnings per share in the next few years due to the company's 80% to 85% market share in the $400 billion addressable market. Bank of America reiterated its "buy" rating on Nvidia and raised its price target to $190 from $165, nearly 40% above current levels.