NVIDIA (NVDA) Reiterated at Buy By DA Davidson: Will Remain Ahead of Peers
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Rating Summary:
58 Buy, 10 Hold, 3 Sell
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Up: 13 | Down: 14 | New: 11
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DA Davidson analyst Gil Luria reiterated a Buy rating on NVIDIA (NASDAQ: NVDA).
The analyst commented, "Mr. Huang kicked off CES by unveiling that the Vera Rubin platform is in full production and delivers up to 10x lower token cost and trains mixture-of-expert (MoE) models with 4x fewer GPUs. Furthermore, Mr. Huang spent time highlighting the platform shift to physical AI and announced the Alpamayo family of open source models designed to accelerate autonomous driving. We came away from the event with the view that NVDA (BUY) will remain ahead of peers like AMD and AVGO for the foreseeable future."
For an analyst ratings summary and ratings history on NVIDIA click here. For more ratings news on NVIDIA click here.
Shares of NVIDIA closed at $184.86 yesterday.
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D.A. Davidson, Gil Luria, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
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