Written by Emily J. Thompson, Senior Investment Analyst
Source: seekingalpha
Updated: 27m ago
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Source: seekingalpha
Chip Design Progress: Tesla CEO Elon Musk announced that the design work for the AI5 self-driving computer chip is nearly complete, and the AI6 chip is already in early development, indicating rapid advancement in the company’s custom chip initiatives.
Production Timeline: Musk revealed that AI5 chips are slated for high-volume production in 2027, aiming to replace the current AI4 chips, thereby enhancing the intelligence of Tesla vehicles and improving market competitiveness.
Strategic Partnership: Tesla signed a $16.5 billion deal with Samsung Electronics to manufacture A16 chips in the U.S., further strengthening its autonomy in chip production and reducing reliance on Nvidia.
Future Aspirations: Musk stated that Tesla aims for a 9-month design cycle, with plans for AI7, AI8, and AI9 chips, signaling the company’s ambition to lead the global AI chip market and potentially become a dominant player.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 255.63 USD with a low forecast of 185.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company’s fundamentals.
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 255.63 USD with a low forecast of 185.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company’s fundamentals.
Current: 187.050
Current: 187.050
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
