Analysts say the biggest question hanging over the semiconductor sector is whether hyperscale spending on AI hardware can remain strong.
Get this delivered to your inbox, and more info about our products and services.
Analysts remain bullish on Nvidia given strong AI capex expected this year, healthy AI compute demand and the stock's valuation…
Analysts across Wall Street reiterated their bullish stances on Nvidia heading into the chipmaker's flagship conference next week.
"We believe near-term AI fundamentals are strong, driven by strong hyperscale capex spending," said one analyst.
The real debate — whether all this AI capacity being built today will be profitable tomorrow — remains unresolved.
Although Nvidia has not been the market's favorite AI trade this year, analysts covering the name see a recovery ahead as demand…
JPMorgan analyst Harlan Sur said that Nvidia's development of physical AI "could potentially drive the next leg of revenue…
