Nvidia's stock price target resets after a trillion-dollar uptick in Q2, fueled by the launch of Blackwell AI processors dominating the data systems chip market. Despite investor doubt, Nvidia aims for a $4 trillion valuation driven by the AI boom, with CEO Jensen Huang optimistic about the company's future.
Analysts see Nvidia's stock reaching new highs due to robust sales of current data-center processors, with caution towards the upcoming Blackwell series. While Nvidia is a top AI stock, red flags like market dependence and competition are highlighted.
Micron Technology faces stock price adjustments post-Q3 earnings, with bullish long-term prospects in the AI-memory-chip market. Apple's AI push is predicted to positively impact its stock price, boosting monetization prospects.
Nvidia's remarkable $2 trillion market cap growth in 2024 positions the company as a top player, with Jensen Huang and board members holding significant shares.
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