NVIDIA Corporation (NVDA), a global technology powerhouse renowned for its innovative graphics processing units (GPUs) and artificial intelligence (AI) solutions, has recently made headlines due to U.S. restrictions on the sale of certain NVIDIA-made chips to China. These restrictions are of significant importance in the realm of global tech trade and geopolitics.
According to a consensus from 38 analysts, the average target price for NVIDIA Corporation over the next 12 months is USD 535.98. This target price reflects their extensive analysis of the company’s financials, market potential, and other relevant factors. NVIDIA Corporation’s average analyst rating is an overwhelming “Strong Buy,” indicating a high level of confidence among industry experts.