Goldman Sachs reiterated its Buy rating on Nvidia and left its $285 price target unchanged, keeping a bullish stance on the chipmaker as investors weigh the next set of AI-related catalysts. The bank said attention is centered on Nvidia's recently announced $500 billion project with partners, the production ramp-up for Rubin in the second half of this year, and the potential effect of AI agents (software that can complete tasks autonomously) on CPU (central processing unit) demand. Nvidia shares closed at $217.50 on August 11, down 0.05% from the previous session.