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BofA Securities: 'OpenAI remains among the largest consumers of AI infrastructure'

July 27, 2026 9:03 AM EDT

BofA Securities analyst Vivek Arya reiterated a Buy rating and $350.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We have recently seen two seemingly contradictory moves form NVDA: 1) Vocal support for open-source models, and 2) Per media reports, significant financial support for OpenAI, a... More