Investors flock back to AI fund on rate cut hopes, Nvidia results
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NVIDIA (NVDA) Mentioned Positively at Citi: 'CEO comments and new product cycle gives us confidence'
November 27, 2023 4:20 PM ESTCiti analyst Atif Malik reiterated a Buy rating and $575.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "We are on the road meeting investors in Europe. Investors are asking three key questions post Oct-Q earnings (see note): 1) Is the CY25 Cliff avoided? 2) Why were Taiwan, China and Singapore up 53,47 and 43% QoQ, while US was only up 4% QoQ? 3) What do NVDA Ethernet comments mean for ANET? 1) Yes. CEO comments and new product cycle gives us confidence. When asked about CY25 data center sales, NVDA CEO... More
