Weekly Recap | NVIDIA +1.82%, closing in on record highs
Weekly Review·
- Nvidia closed the week at 222.27 USD, achieving a 1.82 % increase and outperforming the S & P 500 by approximately 1.9 percentage points.
- The weekly gains were primarily driven by Jensen Huang's optimistic projections of doubling chip sales by 2027 and strong industry demand.
- Among 64 covering institutions, 59 assigned buy or overweight ratings with a consensus target price of 327.70 USD.