According to Odaily Planet Daily, Goldman Sachs has set Nvidia's stock rating as "buy" and the target share price remains unchanged at US$135 per share.
Goldman Sachs said that the delayed release of Nvidia's Blackwell chip may cause short-term volatility after the earnings report is released, but fundamental factors will keep the stock price upside.
While investors question whether the tech industry's massive investments in artificial intelligence are worth it, Goldman Sachs expects Nvidia's earnings call to reveal some return-on-investment metrics that will help boost confidence.