Raymond James: Demand concerns "unfounded" Raises NVIDIA's target price to $1100
I'm PortAI, I can summarize articles.
Raymond James has raised NVIDIA's target price from $850 to $1100 and reiterated a "strong buy" rating. The company believes that investors' concerns about NVIDIA's customer spending pause are unfounded. NVIDIA has launched the Blackwell series GPU, which has received high praise from Wall Street. This series of products enables NVIDIA to gain additional share in data center capital expenditures and continue to maintain revenue momentum in the field of artificial intelligence. It is expected that NVIDIA's Mellanox division will also benefit from the growth in demand for artificial intelligence
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments