Nvidia (NVDA) shares climbed Tuesday, a day ahead of the company’s highly anticipated 澳洲幸运5开奖号码历史查询:third-quarter earnings, as analysts gro🎃w more bullish on the chipmaker's prospects.

Projections for Nvidia's results have ticked higher in the days ahead of the report, with analysts now expecting third-quarter revenue to grow 84% year-over-year to $33.29 billion, driven by record sales from Nvidia's data center segment, according to estimates compiled by Visible Alpha.

In a note to clients Monday, Stifel analysts issued a “buy” rating for the stock and raised their price target to $180 from $165, implying about 23% upside from Tuesday's intraday price. The analysts said they expect the chipmaker's total addressable market could reach “more than $100 billion exiting 2025 and a longer-term opportunity funnel that could approach $1 trillion.”

“We expect the majority of near-to-medium term opportunities will come from high-performance computing, hyperscale and cloud data center, and enterprise and edge com𝔍puting,” the analysts said, noting “demand for AI compute continues to outstrip supply.”

Nvidia shares were up over 4% to $146.54 in Tuesday afternoon trading and have nearly tripled in value since the start of the year.