FRANKFURT (DEUTSCHE-BOERSE AG) – Nvidia remains the clear number one in Borse sales, but the share is only moving sideways despite high price targets. The share prices of Super Micro Computer and Intel are driven by speculation, LVMH suffers from consumer restraint.
September 26, 2024: The chip company Nvidia (US67066G1040) remains by far the most frequently traded foreign stock on the German stock exchange. However, the time of the big price jumps for the proven AI profiteer was several months ago. The share price has been moving sideways since June. The quarterly figures presented at the end of August triggered profit-taking, which Nvidia supporters used to enter the market again after a few days. Most analysts are also positive in the medium term. More than 90 percent of banks have a “buy” rating for Nvidia, and the consensus price target is a good 20 percent above the current price. However, the share is currently still…
