Nvidia's stock rose 1.8% as analysts attribute growing demand for AI infrastructure as the key driver. Rothschild & Co Redburn raised their price target to $192 from $173, maintaining a "Buy" outlook. Market watchers will focus on capital expenditure figures when Alphabet reports, with investors eager for updates on data-center revenue. Advanced Micro Devices edged up 1.3%, while Broadcom was flat.
Nvidia Corp. (NASDAQ: NVDA) saw its stock rise by 1.8% on July 2, 2025, as analysts attributed the growth to increasing demand for artificial intelligence (AI) infrastructure. Rothschild & Co. Redburn raised their price target to $192 from $173, maintaining a "Buy" outlook [1].
The surge in demand for AI infrastructure has been a key driver for Nvidia's stock performance. The company's revenue surged 86.17% and its stock price climbed by 54.02% in the past year, reaching an all-time high of $174.28 [2]. Nvidia's robust growth trajectory has been buoyed by strong demand for its graphics processing units (GPUs) and advancements in AI technologies.
Analysts are closely watching Nvidia's capital expenditure figures, particularly as Alphabet reports. Investors are eager for updates on data-center revenue, which is a significant driver of Nvidia's growth. Advanced Micro Devices (AMD) and Broadcom also saw movement in their stock prices, with AMD edging up 1.3% and Broadcom remaining flat [1].
Nvidia's strategic investments and innovative product lines have helped it capture significant market share. The company's gross profit margin of 70.11% and strong return on assets of 75.89% underscore its financial health [2]. Despite ongoing geopolitical tensions, Nvidia continues to expand its influence in the tech industry, with investors optimistic about its future prospects.
References:
[1] https://247wallst.com/investing/2025/07/23/nvidia-nasdaq-nvda-stock-price-prediction-for-2025-where-will-it-be-in-1-year/
[2] https://www.investing.com/news/company-news/nvidia-stock-reaches-alltime-high-at-17428-93CH-4153442
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