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Nvidia Corp.’s stock could rally another 20%, based on the latest price target from a Citi Research analyst who thinks the opportunity in artificial intelligence is only getting bigger.
Citi’s Atif Malik boosted his price target on Nvidia shares
NVDA to $190 from $180 on Monday, with Malik now calculating that the total addressable market for data-center AI chips could be $563 billion by 2028. That’s above his prior projection of $500 billion.
This post was originally published on Market Watch
