Nvidia initiated with Buy rating at Redburn

Nvidia Corporation building in Taipei, Taiwan.

BING-JHEN HONG

  • Nvidia (NASDAQ:NVDA) was initiated with a Buy rating and $178 price target at Redburn on Tuesday, citing the continued prevalence of artificial intelligence spending.
  • Shares rose 0.7% in premarket trading.
  • Accelerated computing is helping lower the cost of computing and the cost

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