There's no denying how important Nvidia is to the stock market.
Stock futures followed Nvidia's lead, riding slight losses at the time.
In that time, stock futures recovered their earlier losses and were last up around 0.5%.
Many firms lifted their price targets on the chipmaker, including Citi, Wells Fargo and Bernstein .
Elsewhere Thursday morning on Wall Street, Wells Fargo initiated GE Vernova as overweight, citing growing power demand from artificial intelligence.
Persons:
Nvidia's, Wells Fargo, Bernstein
Organizations:
Nvidia, Barclays, Bank of America, Citi, GE Vernova
Locations:
Wells Fargo