Analyst predicts Nvidia will generate substantial cash flow, leading to increased stock buybacks due to excess funds
NVIDIA, a leader in AI chips, is predicted to become extremely wealthy in the future, rewarding its shareholders. CEO Ben Reitzes of Melius Research stated that NVIDIA has a significant advantage in AI due to its “full stack” approach with hardware and software, allowing it to monetize AI effectively. He has a $160 price target … Read more