Nvidia Isn't Staying in The $180s for Long
Alex Sirois argues on 247wallst.com that Nvidia, trading at $186.64 after post-midterm panic and a headline about CEO Jensen Huang being the target of a foreign intelligence effort, won't stay in the $180s given earnings strength — revenue up 105.8% to $96.22 billion last quarter, Vera Rubin in full production, and a $327.14 consensus price target implying about 75% upside. He says a clean third-quarter report and quick board resolution would ease concerns, but that compromised secrets or binding data center limits would break his thesis, and investors should watch board updates and congressional activity.
