Nvidea stock price forecast commentary from Goldman Sachs

nvidea stock price forecast commentary from Goldman Sachs maintains a 'Strong Buy' rating, referencing accelerating adoption of cloud-based AI development platforms. Technical setups remain favorable for long entries. Nvidia makes graphics processing units (GPUs) , which are the semiconductors of choice for training and processing artificial intelligence (AI) models. GPUs can perform multiple calculations in parallel, making them ideal for workloads that require vast computing power, like AI. While there are a handful of competitors in this space, Nvidia is by far the preferred option and has a 90% market share in the data center realm. Nvidia’s most recent quarter was strong on paper . The company posted $1.05 per share in earnings, topping estimates of $1.01. Sales of $46.74 billion also beat expectations, and guidance for the next quarter came in at $54 billion, slightly above forecasts. Nvidia also approved a massive $60 billion buyback, signaling confidence in its own valuation. nvidea stock price forecast analytics include volatility assessments, currently at 25% implied for the next 30 days. Traders anticipate movement around earnings releases, positioning in both short-term and long-term calls.