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Stock impact report

Analyst adjusts Nvidia stock price target ahead of earnings [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
Nvidia makes graphics-processing units, or GPUs, which play a crucial role in AI. The company's shares have tripled over the past year, giving it a market capitalization of $2.27 trillion. Chief Executive Jensen Huang, who co-founded the company at a Denny's restaurant in San Jose in 1993, was named to Time magazine's list of the 100 most influential people of 2024. Nvidia's next-generation AI chip, the R-series/R100, will reportedly enter into mass production in fourth-quarter 2025, according to analyst Ming-Chi Kuo , and will focus on improving power consumption and enhancing AI computing power. Related: Single Best Trade: Wall Street veteran picks Palantir stock Meanwhile, Mitre, a key supplier to the Pentagon and U.S. intelligence agencies, is building a $20 million supercomputer with Nvidia to speed deployment of artificial-intelligence capabilities across the U.S. federal government, the Washington Pos t reported. Mitre, a federally funded not-for-profit research orga Show less Read more
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