Nvidia (NVDA) Stock Price Today, September 8, 2026: Edges Up ... - Pintu
π Nvidia shares closed up 0.84% at $230.36, trading near an all-time high of $235.74 with a market cap of $5.562 trillion.
π Phillip Securities raised its price target to $300, citing strong AI server demand and plans for custom chips and automotive computing.
π° Citigroup and J.P. Morgan set high price targets of $315 and $320 respectively, reflecting continued institutional optimism.
π€ Nvidia announced a nearly $13 billion acquisition of Hugging Face to serve over 18 million developers globally.
π The company invested $3.5 billion into MediaTek to strengthen its position against hyperscalers shifting toward custom chips.
π Anthropic is preparing for an IPO following investment commitments of up to $10 billion from Nvidia.
π― The consensus analyst price target is $324.23 with a Moderate Buy rating based on 50 Buy and 2 Strong Buy ratings.
βοΈ Goldman Sachs maintains a Neutral rating with a $300 target, while Seaport Research offers a Sell rating at $180.
- Nvidia shares surged up to 2% driven by positive sentiment in the AI-related semiconductor sector and anticipation of Anthropic's IPO.
- The company announced a nearly $13 billion acquisition of Hugging Face, a platform serving over 18 million developers and 200,000 companies.
- Nvidia made a strategic $3.5 billion investment into MediaTek to strengthen its position amid the hyperscaler trend toward custom chips.
- Phillip Securities raised its price target to $300 from $285, maintaining a Buy rating due to expectations of continued strong AI server demand.
- Major institutions including Citigroup and J.P. Morgan set high price targets of $315 and $320 respectively, indicating strong institutional confidence.
- Goldman Sachs maintains a Neutral rating with a price target of $300, suggesting analysts see limited upside from current levels.
- Seaport Research issued a Sell rating with a low price target of $180, indicating significant bearish sentiment among some market participants.