Analysts revisit Nvidia stock price targets after surprise demand forecast [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
dug into the keynote address from CEO Jensen Huang and his predictions for the AI-investment landscape over the next few years. Nvidia's NVDA investors appeared unmoved by Huang's presentation at the GTC event in San Jose, Calif., as well as the 37 company news releases that followed it, even as the leading voice for AI advancements unveiled a new set of Blackwell processors and outlined a product-development roadmap that underscores its unquestioned dominance in the market for the world's hottest technology. Huang also insisted that the world "got it wrong" in its initial assessment of DeepSeek's emergence earlier this year, arguing that the China-based startup's AI success demonstrates the need for more, not less, computing power over the coming years. "How do you find an algorithm whereby the more resource you provide, whatever the resource, the smarter the AI becomes?" he asked. "The amount of computation we need at this point as a result of agentic AI, as a result of reason
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