Nvidia Could Jump Again on AI Spending, Investor Says
TL;DR Summary
An investor known as Nova Capital says Nvidia (NVDA) could move higher after its upcoming earnings as AI-related capex by hyperscalers stays robust; Nvidia has lagged the market, but a strong quarter and continued AI spending could spark a new rally, with a 12–24 month upside around 65%. Wall Street remains bullish, with a strong buy consensus and meaningful upside from current levels ahead of Nvidia’s Feb. 25 earnings report.
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