Goldman Sachs has increased its 12-month price target for Nvidia from $210 to $240, reflecting strong confidence in the company's growth driven by artificial intelligence. This adjustment, made in anticipation of Nvidia's upcoming earnings report on November 19, suggests an 18% potential upside from current stock levels. The investment bank maintains a buy rating on Nvidia shares, citing robust demand in data centers and AI infrastructure, and has raised its datacenter revenue projections by 13%.