NVIDIA is ending 2024 on a historically strong footing, and 2025 might turn out to be equally auspicious provided that the GPU maker is able to deliver on Wall Street’s lofty expectations. Today, Truist Securities raised the proverbial bar on the expectations count by incorporating a whole new product segment within its stock price target computations for NVIDIA. NVIDIA $NVDA price-target raised to $204 (from $169) at Truist Securities, implying +54% upside. Analyst Will Stein expects Nvidia to announce a client-side CPU in 2025, which would unlock an additional $35 billion in TAM: “Incrementally constructive on AI dominance & client… […]
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