J.P. Morgan reaffirmed its bullish stance on Nvidia, raising its target price to $215 despite softer guidance. Nvidia posted record Q2 revenue of $46.7 billion and net income of $26.4 billion, driven by AI and networking demand. Risks persist, but analysts see strong multi-year growth potential in AI infrastructure.
J.P. Morgan reaffirmed its bullish stance on Nvidia, raising its target price to $215 despite softer guidance. Nvidia posted record Q2 revenue of $46.7 billion and net income of $26.4 billion, driven by AI and networking demand. Risks persist, but analysts see strong multi-year growth potential in AI infrastructure.
