Motley Fool
Why Nvidia Stock Climbed Today
Shares of Nvidia (NASDAQ: NVDA) climbed 4% on Friday, as optimism for the chipmaker’s data center opportunity and Omniverse initiatives continued to build among investors. For one, Raymond James analyst Chris Caso repeated his strong buy rating on Nvidia. Caso said Nvidia’s supply constraints are easing as demand for its data center offerings is rising, creating a favorable environment for continued growth.