Nvidia Set For Gains From AI Cloud Demand, Blackwell Launch, And Data Center Expansion: Analyst

Nvidia Set For Gains From AI Cloud Demand, Blackwell Launch, And Data Center Expansion: Analyst

Nvidia Set For Gains From AI Cloud Demand, Blackwell Launch, And Data Center Expansion: Analyst

Analyst Rick Schafer raised Nvidia's price target to $175, citing strong AI demand and Blackwell chip sales ramping up next year. Schafer projects Nvidia’s data center revenue to surge 97 YoY, driven by AI accelerators and upcoming Blackwell chip launch.

User: Benzinga

Views: 326

Uploaded: 2024-11-15

Duration: 00:49

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