NVIDIA’s AI Leadership and Potential CPU Launch Dr…
From Barchart: 2024-12-16 11:43:00
NVIDIA (NASDAQ:NVDA) received a price target upgrade from Truist Securities to $204 from $169, reaffirming a Buy rating. Analysts are confident in NVIDIA’s AI dominance and potential product lineup expansion.
NVIDIA has excelled in the past two years, driven by high AI demand. Industry experts predict continued success through 2025 due to the strength of NVIDIA’s technology ecosystem.
Anticipation is building for NVIDIA’s potential release of a client-side CPU in 2025, which could open up a $35 billion market. This move would diversify revenue streams and solidify NVIDIA’s position as a technology leader.
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