Nvda $250 Target Price
$NVIDIA(NVDA.US$ will be surpriese if Nvda did reach $250 near or after earning call.
Reason:
AMD has announced strong growth in Enterprise business for AI
- it’s AMD CPU chip and and a number of Nvda GPU chips in one server (normally 8x GPU max)
- post market Nvda price dropping with Google announcing decline revenue in ad business but strong focus and growth in AI business.
- Ad business not so much to do with Nvda
- AI yes as it’s power by Nvda platform
Reason:
AMD has announced strong growth in Enterprise business for AI
- it’s AMD CPU chip and and a number of Nvda GPU chips in one server (normally 8x GPU max)
- post market Nvda price dropping with Google announcing decline revenue in ad business but strong focus and growth in AI business.
- Ad business not so much to do with Nvda
- AI yes as it’s power by Nvda platform
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