Veteran analyst drops bold new call on Nvidia stock
Veteran analyst left a bold new call to Nvidia Stock It appeared initially TheesTreet.
You cannot talk about artificial intelligence until you enter Nvidia (Nvda) .
A game chip manufacturer is now the wild that the face is basically the face of AI.
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From data centers to cloud platforms and edge devices to conversations that shape the future of technology.
Nvidia’s GPUs everywhere, GPUs, large language models (LLMs) in the heart of accelerating and robotics, the most critical chips on the planet.
Later on trillions of market border, Nvidia still receives love from Wall Street. Of course, the Nvidia stock has shook, but a new estimate still shows that there is still a ton of firepower.
Nvidia effectively became the motor room of the AI frenzy. GPUs run about 90% of the world AI data centers and technology giants, including Amazon, Microsoft, Google and Meta, continue to withdraw to silicone architectures.
Moreover, the competition edge in AI goes beyond the chips. For example, the strong CUDA platform is controversial with the locking of millions of developers who want to optimize their work for NVIDIA chips.
On the model side, vehicles such as tensorrt and nemo help developers to run AI systems easily and efficiently.
In addition, for businesses that want to avoid building a large infrastructure, the NVIDIA, DGX cloud offers full -loaded AI clusters that you can rent upon request.
Related: Veteran Wall Street firm makes a surprise call for technology stocks
A AI power center like Coreweave helps to run with analysts who estimate that there may be a long -term income flow of $ 10 billion. Therefore, this end of the heap of NVIDIA allows the AI to dominate the AI chain.
In addition, Hyperskalers know that they have made a ton of money in NVIDIA budgets, and an alternative road will break all the pipelines.
Therefore, it is not surprising that the Nvidia stock has been paraboolic for the last few years. For the context, the share price rose from $ 24 to 31 December 2024 at the end of January 2022 to $ 134.27.
This extremely fluctuation reflects the explosive growth of the data center -led data center business. In the fourth quarter of 2022 financially, data center sales were $ 3.3 billion.
However, with 2024 FY, the dazzling $ 18.4 billion-a leap of 458% in a few years. And when we look forward, the AI structure seems to be just beginning.
McKinsey sees that the global AI and data center investment has reached $ 5.2 trillion by 2030 and behind a double -digit impact with a capacity ready for AI.
