Weekly Recap | NVIDIA -6.61%, consensus target above spot
Weekly Review·
- NVIDIA experienced a weekly decline of 6.61 % to close at $ 214.13 amid broader semiconductor sector pressure and expanded autonomous driving partnerships with Mercedes-Benz.
- Covering institutions maintained a consensus "Strong Buy" rating with an average target price of $ 328.72, though divergent targets reflect debates over valuation and AI capital expenditure sustainability.
- Key upcoming market catalysts include the anticipated German AI agreement and TSMC's supply updates regarding persistent high demand for AI chips.