$NVIDIA(NVDA)$ $Advanced Micro Devices(AMD)$ $Broadcom(AVGO)$ $Palantir Technologies Inc.(PLTR)$ $SPDR S&P 500 ETF Trust(SPY)$ In the past two years, artificial intelligence has driven some of the most explosive gains across global equity markets. Flagship names in semiconductors, cloud infrastructure, and AI-powered software have soared on the back of investor enthusiasm for what many have called the most transformative technology wave since the internet. Yet over the past several weeks, these so-called “AI winners” have experienced their most pronounced sell-off since what m
Citi Raises Nvidia Target to $190: What’s Your Take?
Citi raised Nvidia’s price target from $180 to $190, citing a larger-than-expected total addressable market (TAM) for AI datacenter semiconductors and increased forecasts for computing and networking revenue. The updated valuation is based on Citi’s revised FY2028 earnings per share (EPS) estimate of $6.37, using a consistent price-to-earnings (P/E) multiple of 30x.
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