As Nvidia's stock price continues to rise, Citibank became the latest institution to raise the target price of the stock. The optimistic reason is that it believes that the demand for artificial intelligence infrastructure in sovereign countries is growing dramatically, which will drive Nvidia's further expansion. Citi raised Nvidia's target share price to 190 US dollars per share. If calculated from Thursday's closing price, there is still room for an increase of about 15%. This rating increase comes at a time when Nvidia's market value continues to approach 4 trillion US dollars, and the company's stock price has risen 12% over the past month. Citibank analysts say they believe Nvidia will have a larger share of the ever-expanding total addressable market for data center infrastructure.

As Nvidia's stock price continues to rise, Citibank became the latest institution to raise the target price of the stock. The optimistic reason is that it believes that the demand for artificial intelligence infrastructure in sovereign countries is growing dramatically, which will drive Nvidia's further expansion. Citi raised Nvidia's target share price to 190 US dollars per share. If calculated from Thursday's closing price, there is still room for an increase of about 15%. This rating increase comes at a time when Nvidia's market value continues to approach 4 trillion US dollars, and the company's stock price has risen 12% over the past month. Citibank analysts say they believe Nvidia will have a larger share of the ever-expanding total addressable market for data center infrastructure.