Reported 12 months ago
Nvidia shares are down after hitting a market high, but Rosenblatt Securities senior analyst Hans Mosesmann remains bullish with the highest price target on Wall Street. He believes Nvidia will continue to excel in AI for the next decade, transitioning from a semiconductor company to an all-encompassing AI platform. Despite recent market fluctuations, Mosesmann emphasizes Nvidia's long-term potential and dominance in AI, highlighting the company's unparalleled value capture. As Nvidia expands into new verticals and areas like networking and storage, competitors like AMD and traditional players in the industry may face challenges. Overall, Nvidia's strategic roadmap positions them as a key player in the evolving landscape of AI technology.
Source: YAHOO