BofA reaffirmed its Buy recommendation alongside a $350 price target, designating Nvidia as its preferred choice within the semiconductor sector. Analysts Anticipate Q2 Revenue Surprise and Robust Q3 GuidanceBank of America anticipates Nvidia will announce fiscal Q2 revenue ranging from $94B to $95B, surpassing the company’s official guidance of $91B. BofA projects Nvidia will maintain between 65% and 70% market share in AI accelerators through the end of the decade. Rising Memory Expenses Pose Limited ThreatAmong the primary concerns surrounding Nvidia before earnings is the escalating cost of memory components. Wall Street consensus currently reflects a Buy rating with a mean price target of $304.26.