Nvidia shares rose this week, after a volatile period. The chipmaker’s shares rose 3.84% ahead of the July 4 holiday. Despite some recent bumps in the road, they’re up more than 10% in the past month and 159% year to date as the hype around artificial intelligence shows little sign of abating. The stock remains an analyst favorite, with 89% of analysts covering it rating it a buy or overweight, and the remaining 11% giving it a hold. Thursday’s average analyst target price of $129.01 gives the stock about 0.6% upside potential. In case you missed it, here’s a recap of all the top Nvidia analyst calls and more from CNBC Pro this week:
Nvidia shares soar from July, top analysts call for chipmaker NVDA