To The Moon

Nvidia's ecosystem prepares it to reap the spoils of a new computing era, according to an analyst. Nvidia Corp. is approaching the anniversary of when it surprised Wall Street by trouncing forecast expectations on the heels of robust artificial-intelligence demand, and its stock is up some 220% over the past year.Evercore ISI analyst Kirk Materne thinks Wall Street isn't giving Nvidia enough credit for its vast ecosystem, and that's the crux of his new bullish view that implies roughly 30% upside for the stock.Nvidia isn't just a semiconductor company, from Materne's perspective, as it has an ecosystem of chips, hardware and software that deliver a key advantage - and big revenue potential.Read: AMD's stock can surge 40%, this new bull says - even as Nvidia still dominates. He added that Nvidia bears may be worried that the company is "pricing itself out of the market" with cards that run at roughly 25 times the price of central processing units from Intel and AMD. "We view this as an

Nvidia Corp. becomes the first semiconductor firm with a $2 trillion valuation, another milestone in its ascendancy as the biggest beneficiary of a rush into artificial intelligence-related stocks over the past year.The chipmaker’s shares rose as much as 3% in morning trading on Friday after closing at a $1.96 trillion valuation in the previous session. The gain will cement Nvidia’s position as the world’s fourth-most valuable company after rallying 59% since the beginning of the year, with a ma

Nvidia shares climbed 2% in morning trading. Nvidia's 'dominant A.I. leadership' is clear after GTC

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