Nvidia is virtual 'monopoly' in regards to AI hardware: Chris Rolland

Chris Rolland, a senior semiconductor analyst, asserts that Nvidia holds a 'virtual monopoly' on AI hardware. He predicts that Nvidia's stock price will reach $160 within the next year, indicating significant confidence in the company's continued dominance in the AI marketplace.

Stock Forecasts

Given Nvidia's strong position as a leader in AI hardware, with increasing demand for GPUs in AI applications, the stock price is likely to rise as companies continue to invest in AI technologies.

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