Nvidia’s advance stands out to lead strong day for Bay Area stocks


Many bellwether Bay Area stocks closed with gains Friday, helping some of the nation’s top market gauges finish the week at record-high levels.

Nvidia was one of the day’s biggest gainers as the chipmaker’s shares climbed 6.3 percent to $180.11. Evercore ISI analyst C.J. Muse left his rating on Nvidia’s shares at outperform, but boosted his price target on the company’s stock to $250 a share from $180. Muse said many investors are undervaluing Nvidia’s potential in the market for artificial intelligence.

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