NVIDIA Added to Top Buy List by Analysts, Boosted by AI Strength and Blackwell Chip Potential

Reported 2 months ago

Analysts have added NVIDIA Corporation (NASDAQ:NVDA) to Jefferies' top buy list, citing the company's strong AI capabilities and promising prospects for its Blackwell Ultra chips. Despite challenges from U.S. export restrictions, NVIDIA's earnings projections remain optimistic, supported by increasing AI investments from Saudi Arabia and the UAE. The firm recognizes NVIDIA as a leading AI accelerator supplier for data centers, highlighting its ongoing growth in the AI sector.

Source: YAHOO

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