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NVDA Is A Key Enabler For A.I. & TSLA's AI-Based Autonomy

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Manage episode 370966133 series 3349630
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Goldman Sachs raised Nvidia's (NVDA) price target to $495 from $440. The analyst notes that NVVDA is a "key enabler for traditional A.I." and there is "significant runaway" for the chipmaker's data center business. NVDA is up over 190% year-to-date. Additionally, Jefferies raised its price target on Tesla (TSLA) to $256 from $185 and keeps its buy rating. The analyst highlights that 2Q will be a trough in a auto gross margin. It suggests a shift in valuation drivers with TSLA's early focus on AI-based autonomy "standing out." TSLA is up 122% year-to-date. Renita Young weighs in on NVDA and TSLA. Tune in to find out more about the stock market today.
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4312 episoade

Artwork
iconDistribuie
 
Manage episode 370966133 series 3349630
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Goldman Sachs raised Nvidia's (NVDA) price target to $495 from $440. The analyst notes that NVVDA is a "key enabler for traditional A.I." and there is "significant runaway" for the chipmaker's data center business. NVDA is up over 190% year-to-date. Additionally, Jefferies raised its price target on Tesla (TSLA) to $256 from $185 and keeps its buy rating. The analyst highlights that 2Q will be a trough in a auto gross margin. It suggests a shift in valuation drivers with TSLA's early focus on AI-based autonomy "standing out." TSLA is up 122% year-to-date. Renita Young weighs in on NVDA and TSLA. Tune in to find out more about the stock market today.
  continue reading

4312 episoade

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