Nvidia plans to invest $100 billion in OpenAI, generating $300-$500 billion in long-term revenue. Partnering with OpenAI secures Nvidia’s position in the AI market and could lead to a 3-5x return on investment. Analyst maintains Buy rating and $235 price forecast.
Latest Ratings for NVDA
DateFirmActionFromTo Mar 2022Goldman SachsReinstatesNeutral Feb 2022Summit Insights GroupDowngradesBuyHold Feb 2022MizuhoMaintainsBuy