Reported about 1 year ago
Nvidia's shares have shown minimal gains after a 10-for-1 stock split and Apple's AI announcement. UBS analyst Timothy Arcuri raised Nvidia's price target to $150 per share, foreseeing earnings at $5 per share and revenue over $200 billion next year due to successful Blackwell system sales and increased spending by hyperscalers. Nvidia's new Blackwell GPU architecture accelerates AI tasks, attracting significant demand and pointing to robust revenue growth. Arcuri also raised the 2025 revenue forecast by 12% to $204 billion, emphasizing strong uptakes for NVL72/36 systems from hyperscalers. Nvidia's current-year prospects are positive, with revenue expected to reach $28 billion, while new Rubin AI chips are set for release in 2026, contributing to the company's upward trajectory in the AI market.
Source: YAHOO