Business Technology

Nvidia stock climbs after blockbuster results

Nvidia stock climbs after blockbuster results

Nvidia stock is climbing after the company reported another set of blockbuster quarterly results.

Wall Street analysts at Goldman Sachs and Citigroup have raised their price targets for the chipmaker.

The strong performance reflects continued demand for Nvidia's AI chips.

The stock rally has helped lift the broader technology sector.

Nvidia Coolcaesar, CC BY-SA 4.0
Nvidia
American multinational technology company
Goldman Sachs
American investment bank
Citigroup
American investment bank and financial services corporation