NVIDIA Corporation (NASDAQ:NVDA) is highlighted as a top AI stock, with Cantor Fitzgerald raising its price target to $300 per share post-management meetings. Executives discussed a new partnership with OpenAI, aiming to reduce cost differences between NVDA and ASICs to 15%. The firm predicts Nvidia will reach $8 earnings per share by 2026.
The company continues Extreme Co-Design to optimize AI infrastructure, observing increased demand for compute. Generative AI adoption, not a bubble, is rapidly growing across sectors, with $2 trillion in potential spending. NVDA sees this shift as delivering positive ROI, marking a meaningful market transition.
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Read more at Yahoo Finance: Cantor Fitzgerald Reiterates Overweight on NVIDIA (NVDA), Says AI Demand Proves It’s “Not a Bubble”
