Oppenheimer sees Nvidia as best positioned in AI - InvestingChannel

Oppenheimer sees Nvidia as best positioned in AI

Oppenheimer analyst Rick Schafer keeps an Outperform rating on Nvidia with a $175 price target after meeting with management this week at the Consumer Electronics Show. Management’s tone was bullish as it highlighted the company’s generative artificial intelligence opportunities across enterprise, robotics, and auto, the analyst tells investors in a research note. The firm says robotics and automotive are growing AI market opportunities. Nvidia’s Blackwell AI accelerators remain supply constrained and H200 will continue to contribute meaningfully this year, Opco contends. The firm sees Nvidia as best positioned in artificial intelligence, benefiting from “full-stack” AI hardware and software.

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