Stifel Sticks With Buy on Nvidia After Expanded Meta Partnership
Stifel has maintained a Buy rating and a $250.00 price target on Nvidia following the chipmaker’s announcement of a broader, multi-year partnership with Meta to jointly develop on-premises, cloud and AI infrastructure. The pact highlights large-scale deployments of Nvidia CPUs, GPUs and Spectrum-X Ethernet networking, and is tied to Meta’s Vera Rub…