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Goldman Sachs predicts in its latest research report that Nvidia's second quarter results will remain strong, and the third quarter guidance is expected to be significantly higher than Wall Street expectations, mainly driven by the growth of data center business and the beginning of the release of Rubin products. However, Nvidia's stock price has risen 12% in the past two weeks, and market expectations are high. Goldman Sachs maintains a “buy” rating and a target price of $285.
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Goldman Sachs predicts in its latest research report that Nvidia's second quarter results will remain strong, and the third quarter guidance is expected to be significantly higher than Wall Street expectations, mainly driven by the growth of data center business and the beginning of the release of Rubin products. However, Nvidia's stock price has risen 12% in the past two weeks, and market expectations are high. Goldman Sachs maintains a “buy” rating and a target price of $285.
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