I've been watching and watchin

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KLCC
2023-03-29

I've been watching and watching... should have gone in at $150 a few weeks ago!! 🤦🏻‍♂️🤦🏻‍♂️

Buy Nvidia Stock Because the Chip Maker Is an AI Play, Says Analyst

Bernstein is getting more bullish on demand for Nvidia's semiconductors based upon the growth potent

Buy Nvidia Stock Because the Chip Maker Is an AI Play, Says Analyst

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Nvidia Stock Because the Chip Maker Is an AI Play, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-29 17:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bernstein is getting more bullish on demand for Nvidia&#39;s semiconductors based upon the growth potential of artificial-intelligence training applications.</p><p>On Tuesday, analyst Stacy Rasgon reiterated his Outperform rating for Nvidia stock (ticker: NVDA), and raised his forecast for the chip maker&#39;s stock price to $300 from $265.</p><p>Last week at a conference for developers, Nvidia CEO Jensen Huang announced a wide-ranging set of partnerships and products that make possible the latest generative AI services -- all powered by Nvidia&#39;s semiconductors.</p><p>&#34;Generative AI has triggered an inflection point in technology,&#34; the executive said, adding it will increase demand for the company&#39;s chips. &#34;It is genuinely a new computing platform.&#34;</p><p>Generative AI products train on text, images, and videos in a brute-force manner to create content. Interest in this type of AI has been sparked by OpenAI&#39;s release of ChatGPT late last year.</p><p>Rasgon is optimistic the need Nvidia chips to train the AI models for generative AI services will also benefit demand.</p><p>&#34;We are early on the adopter curve,&#34; he wrote. &#34;Over time we believe the TAM [total addressable market] could potentially reach into the billions [of dollars] as model complexity grows and adoptions widens.&#34;</p><p>The analyst says the company&#39;s earnings estimates have an &#34;upward bias&#34; going forward and its stock is the &#34;best way&#34; to play the AI theme.</p><p>Nvidia stock is up 1.29% to $267.50 in premarket trading on Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322260316","content_text":"Bernstein is getting more bullish on demand for Nvidia's semiconductors based upon the growth potential of artificial-intelligence training applications.On Tuesday, analyst Stacy Rasgon reiterated his Outperform rating for Nvidia stock (ticker: NVDA), and raised his forecast for the chip maker's stock price to $300 from $265.Last week at a conference for developers, Nvidia CEO Jensen Huang announced a wide-ranging set of partnerships and products that make possible the latest generative AI services -- all powered by Nvidia's semiconductors.\"Generative AI has triggered an inflection point in technology,\" the executive said, adding it will increase demand for the company's chips. \"It is genuinely a new computing platform.\"Generative AI products train on text, images, and videos in a brute-force manner to create content. Interest in this type of AI has been sparked by OpenAI's release of ChatGPT late last year.Rasgon is optimistic the need Nvidia chips to train the AI models for generative AI services will also benefit demand.\"We are early on the adopter curve,\" he wrote. \"Over time we believe the TAM [total addressable market] could potentially reach into the billions [of dollars] as model complexity grows and adoptions widens.\"The analyst says the company's earnings estimates have an \"upward bias\" going forward and its stock is the \"best way\" to play the AI theme.Nvidia stock is up 1.29% to $267.50 in premarket trading on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":614,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":80,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}