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Nvidia (NVDA) Seen as Key AI Beneficiary Despite Risks Tied to OpenAI Funding

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Every Investor Should Watch. On September 23, DA Davidson analyst Gil Luria reiterated a Buy rating and 210.00pricetargetonthestock.TheratingaffirmationfollowsNvidiasannouncementofa210.00 price target on the stock. The rating affirmation follows Nvidia’s announcement of a 100B equity investment in OpenAI. The two companies have signed a letter of intent to deploy at least 1o GW of Nvidia systems for the training and inference of OpenAI’s future models. While the announcement reflects OpenAI’s ability to ramp, DA Davidson ...