From Financial Modeling Prep: 2025-01-27 11:50:00

Citi analysts reiterate Buy rating on NVIDIA (NASDAQ:NVDA) with $175 price target, citing continued dominance in advanced GPU market despite new AI competition.

Introduction of Chinese-made DeepSeek’s R1 LLM raises concerns about NVIDIA’s GPU dominance, causing over 12% drop in share price.

Citi questions feasibility of claims, noting reliance on advanced GPUs for model creation and fine-tuning.

U.S. firms have advantage with access to most advanced chips, likely to stick with advanced GPUs for cost-efficiency and performance scalability.

NVIDIA’s strong position reinforced by significant AI capital expenditures like Stargate project, highlighting sustained demand for high-performance chips.

NVIDIA well-positioned to benefit from AI-driven capex trends and expansion of AI and compute markets with market-leading technology.



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