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Nvidia Defends AI Financing Model as Goldman Sachs Reaffirms $300 Target

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The Story

News Summary

  • Nvidia CEO Jensen Huang dismissed concerns over circular financing, defending heavy ecosystem investments that drive GPU demand.
  • Despite stock weakness amid macro yield pressures, Goldman Sachs reiterated a Buy rating with a $300 target, projecting 70% revenue growth while analysts monitor potential hyperscaler double-ordering risks.
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NVDA price history

218.29 +19.87% over the displayed period

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