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via Decrypt · By Decrypt Editorial
Nvidia Beats, Stock Dumps—BofA Says Buy the Dip
NVDA
NVDA/USDT
$217.97
-0.62%
$217.97
-0.62%
(24s)24h Volume
$104,779,317.75
24h H/L
$220.07 / $215.89
Change: $4.18 (1.94%)
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(05:39 PM UTC)
1 min read
In brief
- Bank of America reiterates “buy” on Nvidia and lifts its target to $350 after record Q1 revenue of $81.6 billion.
- BofA sees the AI market topping $3 trillion by 2030, plus a $200 billion CPU opportunity and $145 billion in customer commitments.
- BofA says Nvidia’s biggest risk is its sheer size: The stock now accounts for 8.3% of the S&P 500.
Nvidia just delivered the biggest revenue…
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