Nvidia Tightens Grip on AI Market with Blackwell GPUs; UBS Ups Price Target

May 12, 2024
Nvidia Tightens Grip on AI Market with Blackwell GPUs; UBS Ups Price Target
  • Nvidia's A100 processors have strengthened its position in the AI chip market.

  • The company has secured a crucial supply of chips from TSMC.

  • Nvidia's new Blackwell architecture-based AI GPUs are likely to extend its technological lead.

  • Analysts project significant growth for Nvidia amidst a booming global AI market.

  • UBS has raised its price target for Nvidia, signaling confidence in its financial outlook.

  • The Motley Fool suggests Nvidia as a potential investment, with a caveat for personal due diligence.

Summary based on 26 sources


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