$NVDA - UBS REAFFIRMS NVIDIA BUY RATING WITH $300 PRICE TARGET

UBS REITERATED ITS BUY RATING ON NVIDIA, MAINTAINING A $300 PRICE TARGET FOLLOWING STRONG TAIWANESE EXPORT DATA.

TAIWAN'S COMPUTING EQUIPMENT EXPORTS SURGED 25.9% MONTH-OVER-MONTH TO $29.8 BILLION IN SEPTEMBER, SIGNIFICANTLY EXCEEDING NORMAL SEASONAL TRENDS.

UBS SAYS THE FIGURES SIGNAL CONTINUED STRONG AI INFRASTRUCTURE DEMAND, SUPPORTING NVIDIA'S DATA CENTER GROWTH OUTLOOK.

ADD UBS ANALYST TIMOTHY ARCURICLARIFY THE EXPORT-DATA CATEGORY ...