Nvidia: back on top, with Loop Capital lending a hand

Published: 2025-06-26 03:51:58 ET NVDA

Published on 06/26/2025 at 03:51

Nvidia is heading back toward its all-time highs on Wednesday on the New York Stock Exchange, buoyed in particular by encouraging comments from Loop Capital analysts.The AI microprocessor manufacturer's share price closed up over 4% at $154.3, at its all-time high.The stock is benefiting from the optimism of Loop Capital's teams, who this morning raised their price target from $175 to $250, while reiterating their buy recommendation on the stock.According to the brokerage firm, AI is entering a new "golden age," similar to the cycle that propelled it to the forefront in 2023-2024.According to its calculations, hyperscale, AI factories, generative AI, and AI accelerators alone could represent some $2 trillion in investment by 2028.Copyright (c) 2025 CercleFinance.com. All rights reserved.