Mizuho analyst Vijay Rakesh raised the firm’s price target on Nvidia (NVDA) to $185 from $170 and keeps an Outperform rating on the shares. With GB200 bottlenecks resolved and GB300 an “easier lift” for AI Server makers, the firm believes “strong” Nvidia and Dell (DELL) sequential AI data center growth ramps could be seen in the second half of this year and first half of next year, the analyst tells investors ahead of June quarter earnings for the semiconductors and semiconductor capital equipment group.
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