Sept. 2nd, Cailianshe News (Editor: Liu Rui) Recently, well-known Wall Street analyst Dan Ives, who has always been known for his "golden words" about US technology stocks, once again spoke out with his "golden words", describing Nvidia's immense potential and comparing it to one of the greatest basketball players of all time, LeBron James.

In an interview, Ives said, "If you look at Nvidia, in terms of the final outcome of this story, it's like the high school LeBron."

In a subsequent interview, he mentioned this analogy again and stated that the reason Nvidia is like a young LeBron James is because it is far ahead of its competitors and is the "only player" in the AI semiconductor field.

Nvidia's future prospects remain strong.

Last Wednesday, Nvidia released its blockbuster second quarter earnings report. Although this report exceeded analysts' average expectations, investors still pushed down its stock price because it fell short of the market's highest expectations. As of the close last Friday, Nvidia's stock price closed at $119.37, with a weekly decline of about 8%.

In fact, compared to the smooth sailing in the first half of this year, Nvidia's stock price in the second half of this year seems to have fallen into a state of volatility. Since reaching a record high on June 20th of this year, Nvidia's stock price has been highly volatile, indicating that investors are starting to have doubts about its high valuation and growth prospects.

However, Ives believes that Nvidia CEO Jensen Huang's revenue expectations are still strong. Although they are lower than the most optimistic expectations of analysts, they are enough to dispel market concerns.

"They came, they did it," he added when it comes to Nvidia's winox, "I think this will provide impetus for the rebound of technology stocks."

Evans estimates that the revenue prospects for Nvidia's new generation chip Balckwell could reach billions of dollars. He believes that the reason why the company's expectations for Blackwell are relatively vague is because Huang Renxun is not willing to reveal his script.

He also praised Nvidia's multiplier effect in a wider range of technology fields, stating that every dollar spent on their chips would create a ripple effect of 8-10 times throughout the industry.

The prospects for ai are still immeasurable.

Evans expects that capital expenditures in the field of artificial intelligence will reach $1 trillion in the next three years - double the number he predicted six months ago.

He added that the demand for Nvidia chips in the market is also accelerating.

Not only large-scale customers like Microsoft, OpenAI, Amazon, and Google, but also other small and medium-sized enterprises are picking up the pace with the emergence of more artificial intelligence use cases.

"Rome wasn't built in a day, and the AI revolution won't be built in a day either," he predicts, "Now (the AI revolution) is beginning to take shape."

Wall Street remains bullish

Despite the temporary decline in NVIDIA's stock price after the financial report, the majority of Wall Street still categorizes it as a "buy".

In fact, Everest is not the only analyst on Wall Street who is not affected by the short-term stock price decline and still insists on a bullish outlook for NVIDIA's stock price.

Bank of America's Global Research Department reiterated a buy rating and raised its stock target price from $150 to $165, stating that NVIDIA is still a "key beneficiary of the genetic cycle" and urging investors to "ignore quarterly noise".

Thomas Matthews, the head of macro markets in the Asia-Pacific region at Kaitou, also said in the report: "We believe that despite investors' clear disappointment in NVIDIA's fast profit growth prospects, the rise of artificial intelligence will continue."