NVIDIA Watch posted an update
AOL says 54 of the 55 analysts covering Nvidia rate the shares a buy or strong buy, with an average price target of $325 against a reported share price of $211. Those are analyst views, not a promise that the shares will climb.
Why it mattersThe article sets that optimism against Apollo economist Torsten Slok’s argument that AI has yet to deliver financial returns for companies outside the technology sector. That tension matters for Nvidia because expectations for continued AI spending help support the chipmaker’s growth story. It is a useful snapshot of the bullish case and its challenge, though not a new measure of AI’s actual economic impact. Market forecasts are plentiful; the payoff is the harder part.
Discuss: Should Nvidia investors put more weight on analyst price targets, or on evidence that AI spending is paying off beyond the technology sector?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.