Nvidia in focus as Wells Fargo ups price target on data center strength

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BING-JHEN HONG

Nvidia (NASDAQ:NVDA) was in focus on Tuesday as investment firm Wells Fargo raised its price target on the semiconductor giant, citing possible upside to its data center segment.

Shares fell 0.5% in premarket trading.

“We think [intra-quarter] demand data points, easing H100 GPU lead times (~10