Nvidia Tightens Grip on AI Market with Blackwell GPUs; UBS Ups Price Target
May 11, 2024
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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