Argus analyst Jim Kelleher keeps a Buy rating and $175 price target on Nvidia (NVDA). The stock has been more “wobbly” since investors became broadly aware of DeepSeek and its less costly large language models but the company has significant competitive advantage in that its first-mover status enabled it to become provider to all the major AI and cloud service providers, the analyst tells investors in a research note. The company’s multi-generation lead in GPU compute technology and its other software and hardware products provide a comprehensive solution unmatched by any competitor, Argus further notes, stating that Beyond data center, Nvidia also has huge growth opportunities in gaming, professional visualization, and automotive.
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