Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., holds up the company’s AI accelerator chips for data centers as he speaks during the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put,…