Nvidia Stock Rises After New PC Chip Launch and Bullish Analyst View

Jun 1, 2026

Nvidia shares rose on Monday after the company unveiled a new chip for personal computers. The stock was up around 4% in early trading, even as the broader market was under pressure.

The move came alongside continued support from Wall Street. Goldman Sachs reiterated its Buy rating on Nvidia and kept a $285 price target, saying it remains confident in the chipmaker’s long-term growth prospects.

Other analyst commentary also stayed positive, pointing to Nvidia’s strong margins, growing AI opportunity, and software ecosystem as reasons for optimism. At the same time, one AI-based forecast suggested the stock could face a sharp correction by June 30, 2026, showing that views on Nvidia’s future remain mixed.

Why did Nvidia stock rise today?

Nvidia rose after it announced a new chip for personal computers, which helped lift investor interest in the stock.

How much was Nvidia stock up?

The stock was up around 4% in early trading on Monday.

What did Goldman Sachs say about Nvidia?

Goldman Sachs kept a Buy rating on Nvidia and left its price target at $285.

Are analysts still positive on Nvidia?

Yes. The texts say several analysts remain bullish because of Nvidia’s margins, AI growth opportunities, and software ecosystem.

Sources
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This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected]
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