There’s ‘no replacement’ for Nvidia when looking at AI stock plays, analyst says

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There’s ‘no replacement’ for Nvidia when looking at AI stock plays, analyst says
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Nvidia Corp.’s stock remains the ultimate way to play the trend of artificial intelligence, according to a Mizuho analyst. “There really is no replacement to...

Nvidia Corp.’s stock NVDA remains the ultimate way to play the trend of artificial intelligence, according to a Mizuho analyst. “There really is no replacement to the current NVDA story in my view, meaning no other company that is likely to benefit to similar degree,” wrote Jordan Klein, a desk-based analyst associated in with Mizuho’s sales team and not its research arm. He thinks Nvidia could start guiding up quarterly revenue expectations by 50% into the second half of 2023 and beyond.

’s stock NVDA remains the ultimate way to play the trend of artificial intelligence, according to a Mizuho analyst. “There really is no replacement to the current NVDA story in my view, meaning no other company that is likely to benefit to similar degree,” wrote Jordan Klein, a desk-based analyst associated in with Mizuho’s sales team and not its research arm. He thinks Nvidia could start guiding up quarterly revenue expectations by 50% into the second half of 2023 and beyond.

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