Nvidia is the most important tech company on planet: analyst

Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends.

“Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target.

Shares of Nvidia rose slightly in afternoon trading Monday to $277.

Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more…


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