Wall Street Analysts Are Bullish on This Artificial Intelligence (AI) Stock. Here's Why I'm Not.
FactSet tracks 64 analyst ratings on the chip designer's stock. And 51 of them rate Nvidia a buy in that system -- the highest available grade, equivalent to a strong buy on most rating platforms. Nine more call Nvidia an overweight opportunity, and the last four have settled for a hold. None of the 64 financial firms are going below that level.
Better Artificial Intelligence Stock: Nvidia vs. Broadcom
As a result, Broadcom and Nvidia are positioned to benefit for years as the AI industry expands from 2023's global market size of $136 billion to an estimated $827 billion by 2030. This is one reason owning shares in both is a great way to invest in the secular trend of AI.
G42, Nvidia
After an impressive run in 2024, Nvidia's (NASDAQ: NVDA) stock price seems to be cooling off compared to general market ...
The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.
Nvidia CEO Jensen Huang responded that it was computer graphics. "We can't do computer graphics anymore without artificial intelligence," he said. "We compute one pixel, we infer the other 32. I ...
Introduction Nvidia (NASDAQ: NVDA) is a household name in the tech industry, widely known for its groundbreaking ...
A major selling point of AI is that the technology can bring a new wave of efficiency to a host of use cases. From ...
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.
The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip industry.
Nvidia has built a solid position for itself in this fast-growing data center niche that could help generate sizable revenue ...
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