Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)'s latest announcements at its GTC Taipei event have reinforced the company's position in artificial intelligence infrastructure while expanding its reach into new computing markets, according to Bank of America, which maintained a 'Buy' rating and $350 price objective on the stock. Shares added more than 6% following the event to trade at $225.
Nvidia expands AI platform with new CPU and PC offerings, shares jump
Source: Proactive Investors