Asian tech, AI stocks fall after Nvidia unveils new chip
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BofA Review NVIDIA (NVDA) GTC, 'AI dominance continues in training + inference'
March 20, 2024 1:53 PM EDTBofA Securities analyst Vivek Arya reiterated a Buy rating and $1,100.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Maintain Buy, $1100 PO and top compute pick following financial analyst Q&A session at GTC 2024 (see our initial GTC takeaways report). Overall,... More
NVIDIA (NVDA) PT Raised to $950 at Argus
March 20, 2024 7:56 AM EDTArgus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $950.00 (from $850.00) while maintaining a Buy rating.
The analyst comments "In summary, Nvidia continues to develop ever more powerful generative AI tools and is now powering trillion-parameter multi-mode models. New... More
NVIDIA (NVDA) PT Raised to $1,030 at Citi
March 20, 2024 6:30 AM EDTCiti analyst Atif Malik raised the price target on NVIDIA (NASDAQ: NVDA) to $1,030.00 (from $820.00) while maintaining a Buy rating.
The analyst comments "We came away from the first two days of GTC more positive in NVIDIAs ability to vertically integrate its computing,... More
NVIDIA (NVDA) PT Raised to $850 at Deutsche Bank, Remains Sidelined
March 20, 2024 5:18 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on NVIDIA (NASDAQ: NVDA) to $850.00 (from $720.00) while maintaining a Hold rating.
The analyst comments "At this years GTC, NVDA reinforced its reputation as the top enabler of AI innovation, with its influence both broad (end customers span applications from 6G to drug discovery to robots/cobots) and deep (NVDA products increasingly addressing the vertical... More
AMD stock sinks on Nvidia's new chip
March 19, 2024 11:40 AM EDTShares of AMD (NASDAQ: AMD) are down more than 6% on Tuesday after NVIDIA (NASDAQ: NVDA) revealed its latest generation of artificial intelligence chips, Blackwell.
NVIDIA CEO Jensen Huang announced the new chips at the company's... More
CFRA Comments on NVIDIA (NVDA) Conference
March 19, 2024 8:43 AM EDTCFRA analyst Angelo Zino reiterated a Buy rating and $1,000.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "
We took away three important messages from Jensen Huang's GTC keynote. First, hardware revenue has more upside, as NVDA's Blackwell GPU (B200) will command higher... More
