Nvidia's Blackwell Chip Potential Signals Strong Future Growth: Analysts
Portfolio Pulse from Anusuya Lahiri
Nvidia's new Blackwell chips, which are larger and more complex, face manufacturing challenges impacting profit margins. Analysts remain optimistic, with price targets set at $138 and $200, citing strong data center sales and future growth potential.
August 30, 2024 | 6:15 pm
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NEUTRAL IMPACT
AMD's CEO comments on the increasing complexity in chip manufacturing, relevant as Nvidia faces challenges with its Blackwell chips. This highlights industry-wide challenges but does not directly impact AMD's stock in the short term.
AMD is mentioned in the context of industry-wide challenges in chip manufacturing. While relevant, it does not directly impact AMD's stock in the short term as the focus is on Nvidia's Blackwell chips.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20
POSITIVE IMPACT
Nvidia's new Blackwell chips face manufacturing challenges, impacting profit margins. Despite this, analysts maintain positive outlooks with price targets of $138 and $200, driven by strong data center sales and future growth potential.
Nvidia's Blackwell chips are crucial for maintaining its lead in AI chips. Despite manufacturing challenges impacting profit margins, analysts are optimistic due to strong data center sales and future growth potential. Price targets reflect this optimism.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100