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Nvidia Gets New Street-High Price Target On Arm Deal: 'Ubiquitous Across Semi Industry'
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NVIDIA Corporation's (NASDAQ: NVDA) $40 billion deal to buy U.K. chip designer Arm Holdings has prompted an analyst at Needham to lift his price target to the highest on Street. The Nvidia Analyst: Rajvindra Gill maintained a Buy rating on Nvidia and increased the price target from $600 to $700. The Nvidia Thesis: Financially, the Arm acquisition […]
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