Nvidia Corp.(NASDAQ:NVDA) continues to dominate the artificial intelligence market, establishing itself as the "industry de facto standard," with no signs of this paradigm changing in the near future, according to Goldman Sachs.
Analyst Toshiya Hari has reaffirmed his bullish stance on the chipmaking giant in a note published Monday. Hari bolstered his belief in the "sustainability of the ongoing Gen AI spending cycle" and Nvidia's ability to maintain its leadership position through "consistent and rapid innovation across Compute, Networking, and Software" after a positive meeting with Nvidia's CFO,Colette Kress.
Customer ROI and Capex trajectory
The...
Login or create a forever free account to read this news
Sign up/Log in