Nvidia stock could soar as the chipmaker's dominant position in AI is poised to reshape the tech industry, Bank of America says
are set to surge on the chipmaker's dominant position in the growing field of artificial intelligence, Bank of America analysts wrote this week.
They added that their view is shared by some of the titans of the tech world, including Google, Microsoft, Oracle, and Amazon, which all view partnerships with Nvidia as a way of effectively rolling out AI and LLM applications. The bank said Nvidia represents a"democratizing opportunity" for the technology.
Their outlook for the stock price is boosted by opportunities in the gaming sector and demand from data centers, both of which are expected to grow in the coming years.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fund managers fear a ‘systemic credit event’ as the biggest threat to markets: BofAFund managers said the biggest tail risk for March was a systemic credit crunch, according to Bank of America’s latest global fund manager survey.
Leer más »
Nvidia CEO Jensen Huang on how his big bet on A.I. is finally paying offAhead of this year's Nvidia GTC developer conference, CNBC sat down with founder and CEO Jensen Huang to talk about ChatGPT, gaming, the omniverse, and what's next. In this full interview, Huang takes us on the journey of Nvidia, from its early days in a condo to the dominant player in GPUs, gaming, and now A, which is a major focus of GTC this year. Huang also talks about how he handled China export controls, and geopolitical tensions swirling around Taiwan where most of its chips are made.
Leer más »
Nvidia DGX Cloud: train your own ChatGPT in a web browser for $37K a monthMicrosoft, Google, and Oracle are all on board.
Leer más »
Nvidia is leveraging GPUs to build 2nm (and smaller) chips | Digital TrendsNvidia announced cuLitho at GTC2023, which it says lays the foundation for 2nm and smaller nodes at companies like TSMC.
Leer más »
NVIDIA unveils AI Foundations, its customizable Gen-AI cloud service | EngadgetNVIDIA debuted its AI Foundations cloud services on Tuesday -- now most anybody can build their own chatbot or text-to-image generator..
Leer más »
NVIDIA's big AI moment is here | EngadgetAt its GTC conference, NVIDIA's big bet on AI hardware is more relevant than ever..
Leer más »