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7 Reasons Why Nvidia Stock Will Hit $200: 'AI Begins And Ends With Nvidia'

Benzinga ·  Jun 24 14:26

Constellation Research founder and principal analystRay WangexpectsNvidia Corp(NASDAQ:NVDA) stock to hit $200 per share in the next 12 months.

The analyst provided seven reasons behind the call Monday on CNBC's "Squawk Box."

  1. Visionary CEO:Wang believes Nvidia CEOJensen Huangis a visionary poised to set the chipmaker up for continued success. He suggested that every great Silicon Valley story starts with a great leader.
  2. High Barrier To Entry: It takes a long time to get a chip to market and there are very few competitors who are currently able to offer something in the same...
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