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Stock price nvda the rally in "stock price NVDA" to
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The rally in "stock price NVDA" to $883 is backed by favorable analyst upgrades. Hedge funds appear to be scaling positions, betting on AI capex expansion by cloud providers to translate into revenue beat next quarter. NVIDIA Corporation (NASDAQ: NVDA ) is one of the Best Quantum Computing Stocks to Buy and Hold for 5 Years. On September 30, Citi’s Atif Malik lifted the price target on the company’s stock from $200 to $210. As per the analyst, NVIDIA Corporation (NASDAQ:NVDA) is poised to capitalize on the surge in AI infrastructure spending over the upcoming few years. Notably, Citi raised its outlook for AI-related infrastructure spending by the well-established tech players. As the undisputed AI chip king, NVIDIA Corporation (NASDAQ:NVDA) is expected to likely sell more GPUs and related hardware as AI infrastructure spending ramps up, opines Malik. Now, it’s worth noting Stock Advisor’s total average return is 1,058 % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Trading desks report "stock price NVDA" at $881, with algorithmic models predicting 5% potential upside in the near term. Market beta sensitivity indicates NVDA could outperform in a sustained tech rally environment.