Source: Zhithon Finance
The stock rating for NVIDIA by Bank of America is "Buy" with a Target Price of $190.
Ahead of the upcoming CES 2025, Bank of America continues to focus on AI chip giant $NVIDIA (NVDA.US)$ as the bank's "preferred." Bank of America's rating for NVIDIA's Stocks is "Buy," with a Target Price of $190.
Bank of America Analyst Vivek Arya indicated that NVIDIA may discuss a range of topics at CES 2025, including the latest developments of its Blackwell series GPUs, and perhaps the company's Siasun Robot&Automation strategy. Other interesting potential topics include NVIDIA's gaming graphics cards and further news on the next-generation Rubin platform.
The official website of the USA Consumer Electronics Show (CES) shows that NVIDIA CEO Jensen Huang will deliver the keynote speech at CES at 10:30 AM Beijing time on January 7, 2025, in Las Vegas and present demonstrations of cutting-edge technology innovations. At that time, NVIDIA is expected to officially launch the new generation of GeForce RTX50 series graphics cards, including RTX5090, 5080, and 5060. According to media reports, the RTX5080 graphics card is expected to be officially released on January 21. Some Institutions have pointed out that NVIDIA's partner brands have announced that they will launch new products at CES 2025, indicating that after successfully digesting the inventory of RTX 40 series graphics cards, NVIDIA is likely to lead GPU technology into a new era.
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