As excitement about Nvidia's (NVDA, Financials) CES attendance grows, its stock is soaring. Analyst Vivek Arya of Bank of America maintained a "Buy" rating and $190 price target for Nvidia, suggesting that CEO Jensen Huang would reveal significant developments during his keynote speech.
The analyst advised talking about Nvidia's robotics approach, Blackwell GPUs, and next-generation Rubin platform. Additionally highly emphasized by Nvidia's gaming branch might be demand for its presence of events.
Consumer Technology Association President Kinsey Fabrizio emphasized in October's CES speech how Nvidia shapes technology. Renowned trade exhibition for consumer electronics and new technologies, CES attracts attention from all across the globe.
With its focus on semiconductors, games, and robotics, Nvidia's approach might allow it to rule numerous creative domains. Because of its continuous trust in Nvidia, Bank of America predicts enormous success in these sectors as well as even more expansion in 2025.
With its market value rising from about $2 trillion in 2024 to $3.28 trillion, Nvidia ranks second most valuable corporation in the world after Apple.
Through 50 startup funding events and corporate alliances, Nvidia committed $1 billion in AI investments over 2024. These investments in "core AI" companies with high processing capability mirror Nvidia's approach to build the AI ecosystem and preserve its competitive advantage while IT behemoths design their own CPUs.
Loop Capital Markets predicts years of years of Nvidia's AI supremacy. Together with its big user base, the company's chips, systems, and software provide a strong competitive posture.
Against growing competition, Nvidia is also concentrating on robotics to maintain advancement in the AI chip business. Key platform in the robotics revolution, the business intends to introduce the Jetson Thor, a revolutionary compact computer for humanoid robots, by mid-2025.
