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.
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.
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Oct 9, 2024, 12:23 PM
Nvidia stock is aiming to notch a new all-time high, as the AI boom shows no sign of slowdown.
Oct 9, 2024, 5:49 AM
Demis Hassabis and John M. Jumper of Google DeepMind predicted protein shapes with A.I. while David Baker designed “a new protein that was unlike any other,” the committee said.