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
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Goldman Sachs | Reinstates | Neutral | |
| Feb 2022 | Summit Insights Group | Downgrades | Buy | Hold |
| Feb 2022 | Mizuho | Maintains | Buy |
