NVIDIA Corp (NASDAQ:NVDA) has grown to being among the largest companies in the world due to its AI chip dominance. One analyst sees the Santa Clara, California-based company’s lead expanding.
The Nvidia Analyst: In a note published Thursday, Bank of America analyst Vivek Arya reiterated a Buy rating for Nvidia with a price target of $190.
Main Takeaways: Arya’s semiconductor team hosted Nvidia CFO Colette Kress for an investor meeting in Las Vegas.
Arya is more confident in Nvidia as an “AI incubator.”
“NVDA’s unique/highly leverageable silicon/system/software platform is spawning new growth engines in physical AI/robotics, onpremise AI workstations …Full story available on Benzinga.com