Nvidia Set For Major Surge To $204? Analyst Predicts Post-Q3 Boost Driven By Blackwell GPU Demand, Strong Margins - video Dailymotion

last month

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.

Category

Transcript

Display full video 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.

Recommended

Nvidia Set For Gains From AI Cloud Demand, Blackwell Launch, And Data Center Expansion: Analyst

Nvidia Stock Poised For a Nearly $300 Billion Market Jolt As Q2 Earnings Loom, Says Goldman Sachs: 'Can You Imagine If NVDA Beats Expectations?'

Nvidia's Blackwell Chip Poised to Drive Major Revenue Beats. Stock Nears All-Time High Amid Blackwell Demand Surge

Nvidia's Blackwell Set To Outpace Hopper? Here's What CEO Jensen Huang Predicts For 2025

Nvidia Plunges Nearly 10% To Sub-$100 Level, Leading Other Semiconductor Stocks Lower In Premarket: Why Their Chips Are Down

Nvidia's Earnings Call Expected to Forecast Strong AI Chip Demand Through 2025. Analyst Predicts Nvidia's Earnings Call Will Be a 'Drop the Mic Moment'

Nvidia Surpasses Apple in Market Cap Amid AI Chip Demand, Eyes Key Support Levels

Nvidia's 'Hyperfocused' Investors Might Trigger Negative Stock Trend After Earnings, Says Gene Munster: Here's Why

Nvidia Stock Surges to Near $1T as Generative AI Spurs Growth

Nvidia’s Shocking Stock Drop: AI Giant Faces Wall Street Pressure!

Nvidia Faces Key Test With Q3 Report As Investors Eye AI Growth

Nvidia Shares Riding On Huge AI Tailwind, Says Portfolio Strategist: Why Expert Says Stock Will Stay On An Upward Path For Next 2-3 Years

Nvidia Sees Volatile Trading As Investors Eye Challenges For The AI Chipmaker

Jim Cramer Stays Bullish On Nvidia, Sees Chipmaker's Dip As A Buy Despite Chip Concerns. 'Minutiae Can Shake You Out Of Tremendous Investments.'

Morgan Stanley Upgrades Nvidia, Sees Outperformance In 2019

Nvidia CEO Jensen Huang Says Demand For Next-Gen Blackwell GPU Platform Insane: 'Everyone Wants To Have The Most, And Everyone Wants To Be First'

Nvidia Falls 3% After Earnings Beat Expectations But Falls Short of Wall Street’s Sky-High Growth Projections

Nvidia Down About 10% From All-Time Highs: Prominent Trader Says He Has Cashed Out Of The Stock Barely A Week Ahead Of Earnings And Will 'Decide On Re-entering' Later

'Nvidia Party Is Turning Into A Rager,' Says Analyst After Chipmaker's Q1 Beat That Sent Stock Soaring Past $1,000 In After-Hours Trading

Dan Ives Expects 'Drop The Mic Performance' Today From Nvidia: Here's Why

Nvidia Shares Drop 6% After Reporting Record Revenues. Can the Chip Giant Sustain Its Dominance?

AMD Shares Rise Pre-Market After Semiconductor Giant Unveils New AI Chips To Challenge Jensen Huang's $2.7 Trillion Nvidia Empire

Nvidia To Report Q3 Earnings Amid AI Chip Market Dominance

Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: '...Will Have To Beat Street Expectations For The Trend To Continue'

Nvidia Posts Impressive $30 Billion in Q2 Sales, but Shares Slip 5%. Are Investors Souring on the AI Chip Giant