On August 12, Goldman Sachs analyst James Schneider reaffirmed a Buy rating on Nvidia with a price target of $285, just ahead of the company's second-quarter earnings report. The bank expects investor attention to center on details of a $500 billion financing platform announced with partners, the second-half ramp of Rubin products, future gross margin trends, and potential upside for CPUs from agentic AI. The note, reported by BlockBeats, keeps Goldman's stance unchanged as Nvidia prepares to report results.
Goldman Sachs analyst James Schneider maintained a Buy rating and a $285 price target on Nvidia on August 12, according to a BlockBeats report. The call came just before the chipmaker's second-quarter earnings release.
The firm said investors are likely to focus on several key items: the details of a $500 billion financing platform Nvidia recently unveiled with partners, the production ramp of its Rubin architecture products in the second half, future gross margin trends, and the potential upside for CPUs from agentic AI. Schneider's note keeps Goldman's position steady as Nvidia heads into its quarterly report.
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