Nvidia's Stock Soars as Analysts Boost Targets Ahead of Earnings

Nvidia shares climbed over 3% as two brokerages raised their price targets for the chipmaker ahead of its quarterly earnings report. The company has been benefiting from the rally in technology stocks driven by optimism about artificial intelligence and demand for components used in the technology. Nvidia's stock has gained 9% this week, and analysts expect a 66% surge in quarterly revenue.