Nvidia stock rises as Mizuho raises its price target

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Mizuho analysts raised their price target on semiconductor giant Nvidia (NVDA) to $165 per share, citing increased global demand for the company's new AI chip heading into 2025

Yahoo Finance hosts Madison Mills and Josh Lipton report more on the analyst call on Nvidia, which is currently the world's most valuable company with a market cap of $3.63 trillion.

Nvidia is scheduled to release its third quarter earnings results next week, on Wednesday, November 20.

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This post was written by Luke Carberry Mogan.