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Nvidia gets a $350 price target - the most bullish on Wall Street

Posted On: Sep 14, 2018   |   Posted By: Business Insider

Nvidia gets a $350 price target - the most bullish on Wall Street

AP Photo / Paul Sakuma
Nvidia received a $350 price target at Needham - the most bullish on Wall Street.
The chipmaker on Wednesday launched AI data center platform TensorRT , which could deliver the industry's most advanced inference acceleration.
Nvidia last month unveiled a new lineup of video cards, GeForce RTX series , which can perform real-time ray tracing thanks to its new Turing architecture.
Watch Nvidia trade in real time here.
Nvidia shares jumped more than 2% early Friday after Needham raised its price target to $350 a share - the most bullish on Wall Street - saying its dominance in artificial intelligence and has it well positioned to capitalize on the next wave of computing.
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