Nvidia
should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their price targets on shares of the semiconductor company.
The heightened interest around artificial-intelligence should set investors’ minds at ease ahead of Nvidia’s earnings next week, say the analysts, with the semiconductor maker’s commentary on data-center spending in focus.
Source: https://www.barrons.com/articles/nvidia-stock-price-ai-15036554?siteid=yhoof2&yptr=yahoo
Nvidia Stock Can Endure a Slowdown, Analyst Says. AI Is Key.
Nvidia
should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their price targets on shares of the semiconductor company.
The heightened interest around artificial-intelligence should set investors’ minds at ease ahead of Nvidia’s earnings next week, say the analysts, with the semiconductor maker’s commentary on data-center spending in focus.
Source: https://www.barrons.com/articles/nvidia-stock-price-ai-15036554?siteid=yhoof2&yptr=yahoo