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Oppenheimer Remains Bullish on Nvidia (NVDA) Amid Expanding AI Demand [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Co.'s portfolio indicates that the position in the stock has reduced by approximately 36% quarter-over-quarter to 507,831 shares (around 5% portfolio's weight). On June 16, Oppenheimer analyst Rick Schafer reiterated his Outperform rating on Nvidia (NASDAQ:NVDA), maintaining a price target of $175. His outlook reflects continued optimism around Nvidia's central role in the AI infrastructure buildout, supported by recent insights from company leadership during Oppenheimer's 23rd Annual Semiconductor Bus Tour and discussions with Nvidia's CFO Colette Kress and IR Director Stewart Stecker. Management is actively engaging with global policymakers to support sovereign AI infrastructure, a market Nvidia estimates could exceed $1.5 trillion in total addressable opportunity. Europe alone could account for $120 billion of that market, with demand generally scaling in line with GDP. According to Schafer, these discussions reinforce Nvidia's first-mover advantage in the AI ecosystem. Looki
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