Wall Street Largely Cheers Nvidia's Outlook Even as China Remains an Overhang
1. Nvidia projects record Q3 revenue of $54 billion, exceeding estimates slightly. 2. Morgan Stanley raises NVDA price target to $210, emphasizing growth potential. 3. HSBC expresses concerns over uncertainty in China sales affecting revenue. 4. Nvidia anticipates significant AI infrastructure spending, boosting long-term outlook. 5. Analysts remain cautiously optimistic about NVDA despite geopolitical challenges.