Reported 23 days ago
Citi analysts have increased Nvidia's stock price target from $180 to $190, highlighting a surge in demand for sovereign artificial intelligence as governments invest heavily in AI technologies. The bank noted Nvidia's extensive involvement in these projects and anticipates the AI data center market will reach $563 billion by 2028 due to this increased demand. CEO Jensen Huang also announced several sovereign AI partnerships during a recent European tour.
Source: YAHOO