Benzinga
Benzinga
  • 2 days ago
Nvidia may see a potential stock rally, possibly reaching $204, according to financial analyst Yiannis Zourmpanos. The rally is driven by strong demand for its Hopper and Blackwell GPUs. The Blackwell units are expected to bring in up to $6 billion in the coming quarter. Morgan Stanley analyst Joseph Moore echoes this optimism, aligning with the earnings forecast. Analysts anticipate a 14% rally for Nvidia, citing its robust market position and ongoing demand for AI-focused GPUs.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA may see a potential stock rally, possibly reaching $204, according to financial analyst
00:07Yannis Zourmpanos. The rally is driven by strong demand for its Hopper and Blackwell GPUs.
00:12The Blackwell units are expected to bring in up to $6 billion in the coming quarter.
00:18Morgan Stanley analyst Joseph Moore echoes this optimism, aligning with the earnings forecast.
00:23Analysts anticipate a 14 percent rally for NVIDIA, setting its robust market position
00:29and ongoing demand for its AI-focused GPUs.
00:32For all things money, visit Benzinga.com slash GSTV.

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