Wells Fargo Predicts Over 40% Rise for Nvidia Driven by AI

Wells Fargo, maintaining an overweight rating on Nvidia, has raised its price target on the chipmaker's stock, predicting an increase of over 40% driven by the artificial intelligence sector.

12 May, 10:43 — 12 May, 10:43

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cnbcMostly Factual107d ago

AI will drive Nvidia higher by more than 40% from here, says Wells Fargo

The bank, which has an overweight rating on the chipmaker, raised its price target on the stock.

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Wells Fargo Predicts Over 40% Rise for Nvidia Driven by AI

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AI will drive Nvidia higher by more than 40% from here, says Wells Fargo

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