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Citi Reiterates Buy Rating on NVIDIA (NVDA)
October 14, 2024 5:34 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "GPUs and ASICS will coexist We forecast that both GPUs and ASICs will be used in the push to build the necessary infrastructure for AI/ML with ASICs being used primarily for more specialized models as well as to offer differentiated cloud AI offering and GPUs for training... More
