$200 seems like a good stretch goal this year. But I dunno any more than the analysts on that.
$1000 by 2030 seems less likely.
Two reasons:
1) Their over-reliance on TSMC for production given likely war in 26’ or 27’ will be disruptive.
2) AI chip competition is only going to get more competitive. AMD’s MI350, Broadcom and Marvel, Positron, ARM, Intel’s Gaudi, Google TPU, AWS Trainium, and custom ASICs from Tesla/OpenAI are all coming. The next 5 years are going to be WAY more competitive for NVDA than the last 5.
all good points.
But I do not care the analyst price targets 1 bit.
They have ZERO clue and most of them live paycheck to paycheck...
Yes more competition.
But more demand needed too...
Humanoid robots take 10x the compute to train them vs a car.
Lots more use cases needed that we are not thinking of yet.
Of course nothing is 100%, time will tell!
I agree, they are saving $170 for the earnings date. Plus they don't want Nvidia to pass the Apple market cap yet! They are playing the same game with Google. They are keeping Google down so the Amazon and Microsoft market cap positions are safe.
