President Capital Lifts NVIDIA Target to $295 on Buy Rating
President Capital raised its NVIDIA target price from $280 to $295 and reaffirmed a buy rating, joining a broader tally of Strong Buy and Buy calls. SpaceX is reportedly standardizing AI infrastructure on NVIDIA chips, while NVIDIA tests Rubin Ultra configurations with less HBM than planned. NVIDIA denied plans for China-specific small-batch chip shipments by year-end and is in advanced talks to invest several hundred million dollars in Cloverleaf Infrastructure.