NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Making Waves on Wall Street. One of the biggest analyst calls on Monday, January 5, was for Nvidia Corporation. UBS reiterated the AI chipmaker as “Buy,” heading into the Consumer Electronics Show.
“NVDA is hosting a keynote on Monday night, where we expect it may give a little more information about Rubin and the QuantumX/SpectrumX silicon photonics switches, and perhaps further outline how the new Groq technology licensing deal fits into its AI factory vision…”
CES is the annual consumer technology conference happening in Las Vegas. Besides UBS, Mizuho is also bullish on the stock, stating how semis may have more upside to go particularly considering the CES newsflow and keynote addresses.
“With the bullish headlines and sell side updates out today, my sense is that semis have more upside to go and if CES newsflow and keynotes addresses this week are construed as bullish ‘buy the news’ type events, long only and relative managers will have to react and follow this retail, quant semi chase or fear falling behind benchmark.” -Mizuho analyst Jordan Klein.
CEO Jensen Huang revealed new details about its next-generation chips, which will arrive later this year. The Vera Rubin platform, Nvidia’s extreme-codesigned, six-chip AI platform, is anticipated to debut later this year. Its flagship server contains 72 of the company’s graphics units and 36 of its new central processors.
The company also introduced Alpamayo, an open reasoning model family for autonomous vehicle development. It also emphasized new partnerships and software updates that deepen its ecosystem advantage.
NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks Investors Are Watching and 10 Best AI Stocks to Buy Under $50
Disclosure: None.
-1024x683.jpg "El-Sayed Wins Dem Nomination in Michigan")
-1024x683.jpg "Michigan – The Sum of Democrat Fears")
