Citi Raises Nvidia Target Price to $315

The target-price hike signals that sell-side sentiment remains firmly anchored to AI infrastructure demand as the primary growth driver. The revision matters less for its specific number than for what it implies about forward earnings visibility across the semiconductor supply chain. The open question is whether this optimism is already priced into broader AI-related equities, or if sustained demand forecasts will continue to justify upward revisions. Watch whether peer banks follow suit or diverge, as that will reveal whether the consensus is broadening or merely concentrated among a few bullish voices.