NVDA is forming partnership with Indosat- Indonesia building a new plant there, and to use their Blackwell chip, and will open up use of NVDA's chips for all of Asia and China.
Analysts are raising NVDA price targets. Vinh and Long raised targets for Nvidia to $1,200 from $1,100 while keeping an overweight rating.
The analysts said positive implications include supply chain feedback for Nvidia’s GB200 computer systems for networking. GB200 systems with average selling prices of $1.5 million to $2 million are expected to become a mainstream configuration in 2025, generating as much as $90 billion to $140 billion in revenues alone.
The analysts said, among other things, that supply chain feedback indicates GB200 systems with average selling prices of $1.5 million to $2 million are expected to become a mainstream configuration in 2025, generating as much as $90 billion to $140 billion in revenues alone. $NVIDIA Corp(NVDA)$
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- wubbie·04-09The analysts' price targets and projections sound very promising.LikeReport