Nvidia (NVDA) shares rose Monday as Bank of America analysts called the stock a top pick and UBS analysts said a 澳洲幸运5官方开奖结果体彩网:reported delay in Nvidia's Blackwell 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chip may be less significant than initially thought.

Shares of Nvidia were recently up m🌳ore than 4% in afternoon trading. The stock is up about 120% this year, though off highs seen earlier this summer.

Reported Delay Could Be 'Invisible' to Most Customers

UBS analysts said they expect initial Blackwell shipments to be delayed four to six weeks, based on discussions with Nvidia customers, compared to 澳洲幸运5官方开奖结果体彩网:a three-month delay that was earlier reported. The delay will l🎃ikely be "invisible to most, if not all, end customers," they said.

The analysts said they remained bullish on the stock, citing rising AI spending and enterprise demand growth Nvidia. They maintained a "buy" rating and 澳洲幸运5官方开奖结果体彩网:price target of $150.

The comments came as Bank of America analysts called the stock a top pick Monday, referencing the AI chipmaker's exposure to the data-center market and strength with cloud-computing giants 澳洲幸运⛄5官方开奖结果体彩网:set to raise spending on infrastructure.