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Nvidia (NVDA) Soars as Jefferies Boosts Sales Forecasts on Surging AI Processor Demand

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The Story

News Summary

  • Jefferies raised Nvidia's sales forecasts for 2026 and 2027, anticipating EPS over $9 by 2027.
  • Multiple banks lifted price targets due to strong AI demand, boosting Nvidia's stock amid projected growth in GPU shipments and massive AI spending by key tech firms.
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NVDA price history

219.13 +22.08% over the displayed period

Advisor Snapshot

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