Analysts Upgrade NVDA To $850! When To Buy In? 🤩
@ZEROHERO:
Ives referred to Nvidia CEO Jensen Huang as the "Godfather of AI" and said Nvidia has laid the foundation for future spending on the build out of AI infrastructure. Ives predicts the "tidal wave" of AI-build-out spending will benefit AI-related infrastructure, software and services companies. ⚠️ Trading tips: dip buy strategies - 750 is a reasonable buy, 700 a good buy, 660 a better buy, 600 is to sell house buy & 500 is definitely the must sell underwear buy! 😂 When would you buy NVDA? "We think for every dollar of spend on a GPU, there can now be a multiplier of $10, $12 … into software and into chips," Ives said. Ives pointed to companies including MongoDB, Inc. (NASDAQ:MDB), Palantir Technologies, Inc. (NYSE:PLTR) and Snowflake, Inc. (NYSE:SNOW) as well-positioned to benefit