Latest news with #RickSchafer
Yahoo
26-06-2025
- Business
- Yahoo
Oppenheimer Remains Bullish on Nvidia (NVDA) Amid Expanding AI Demand
Nvidia Corporation (NASDAQ:NVDA) is one of the top 10 picks from Harvard University's stock portfolio. As of the end of Q1 2025, Harvard Management Co.'s portfolio indicates that the position in the stock has reduced by approximately 36% quarter-over-quarter to 507,831 shares (around 5% portfolio's weight). On June 16, Oppenheimer analyst Rick Schafer reiterated his Outperform rating on Nvidia (NASDAQ:NVDA), maintaining a price target of $175. His outlook reflects continued optimism around Nvidia's central role in the AI infrastructure buildout, supported by recent insights from company leadership during Oppenheimer's 23rd Annual Semiconductor Bus Tour and discussions with Nvidia's CFO Colette Kress and IR Director Stewart Stecker. Management is actively engaging with global policymakers to support sovereign AI infrastructure, a market Nvidia estimates could exceed $1.5 trillion in total addressable opportunity. Europe alone could account for $120 billion of that market, with demand generally scaling in line with GDP. According to Schafer, these discussions reinforce Nvidia's first-mover advantage in the AI ecosystem. Looking ahead, Nvidia expects large-scale AI data centers, or 'AI factories', to emerge within the next two to three years. A single gigawatt-scale facility could represent a $40–$50 billion market for Nvidia, with early deployments anticipated by 2027 and broader multi-gigawatt buildouts by 2028. Nvidia's AI revenue currently skews 60/40 between training and inference, but management expects inference to gain ground. The company's full-stack approach — combining GPUs, networking, and software — remains well suited to both workloads, positioning it competitively as AI use cases diversify. Schafer also highlighted NVLink Fusion, Nvidia's new interconnect technology, which allows customers to mix CPU architectures (e.g., x86 alongside ARM-based Grace CPUs) without performance trade-offs, potentially broadening Nvidia's addressable market. While U.S. restrictions on AI chip exports have impacted sales to China, prompting a $4.5 billion write-down, management views the exposure as manageable, with China now contributing less than 5% of total revenue. In summary, Schafer continues to see Nvidia as a leader in the AI space, backed by product strength, global momentum, and a deep pipeline of long-term opportunities. Nvidia Corp. (NASDAQ:NVDA) is a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company's GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide. 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Best Tech Stocks to Buy According to Billionaires. Disclosure: None.
Yahoo
18-06-2025
- Business
- Yahoo
Nvidia (NVDA) Continues to Fire on All Cylinders
Nvidia Corp. (NASDAQ:NVDA) is one of the 10 best growth stocks to buy according to billionaires. Today, Nvidia's dominance in powering data centers and AI infrastructure is virtually uncontested. The demand for its GPUs not only boosted the growth of AI-driven applications but also led to tremendous growth for the company. In fiscal year 2021, the Gaming segment accounted for approximately 50% of total revenue. Over the next four years, the Data Center business surpassed it, accounting for around 89% of total revenue, while Gaming's contribution declined to around 9% by 2025. At its recently concluded GTC conference in Paris, the company highlighted its collaboration with European telecommunications companies, cloud service providers, and supercomputing centres in building AI infrastructure in the region. This accelerated investment by the EU is also expected to include building 20 AI Factories, among which 5 are Gigafactories. Therefore, Nvidia is expected to continue running at full speed. While the stock seems to be taking a breather in 2025 after the 170% surge in 2024, the majority of the street remains bullish, with the consensus 1-year median price target still indicating over 20% upside. Among the bullish voices is Oppenheimer analyst Rick Schafer, who on June 15, reiterated a Buy rating on Nvidia with an unchanged price target of $175. Before that, on June 12, DBS analyst Fang Boon Foo reiterated a Buy rating on Nvidia Corp. (NASDAQ:NVDA) but revised the price target to $160 from $175. The analyst highlighted that Nvidia's recent partnership with Mistral AI, a French company, and its expansion plans in Europe support Nvidia's solid market position. Although he lowered the price target, the analyst still sees strong growth potential for Nvidia, and cited healthy demand, solid margins, and a strong capital spending cycle across major tech firms as key drivers for the stock's long-term performance. Nvidia Corp. (NASDAQ:NVDA) is a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company's GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide. 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
18-06-2025
- Business
- Yahoo
Nvidia (NVDA) Continues to Fire on All Cylinders
Nvidia Corp. (NASDAQ:NVDA) is one of the 10 best growth stocks to buy according to billionaires. Today, Nvidia's dominance in powering data centers and AI infrastructure is virtually uncontested. The demand for its GPUs not only boosted the growth of AI-driven applications but also led to tremendous growth for the company. In fiscal year 2021, the Gaming segment accounted for approximately 50% of total revenue. Over the next four years, the Data Center business surpassed it, accounting for around 89% of total revenue, while Gaming's contribution declined to around 9% by 2025. At its recently concluded GTC conference in Paris, the company highlighted its collaboration with European telecommunications companies, cloud service providers, and supercomputing centres in building AI infrastructure in the region. This accelerated investment by the EU is also expected to include building 20 AI Factories, among which 5 are Gigafactories. Therefore, Nvidia is expected to continue running at full speed. While the stock seems to be taking a breather in 2025 after the 170% surge in 2024, the majority of the street remains bullish, with the consensus 1-year median price target still indicating over 20% upside. Among the bullish voices is Oppenheimer analyst Rick Schafer, who on June 15, reiterated a Buy rating on Nvidia with an unchanged price target of $175. Before that, on June 12, DBS analyst Fang Boon Foo reiterated a Buy rating on Nvidia Corp. (NASDAQ:NVDA) but revised the price target to $160 from $175. The analyst highlighted that Nvidia's recent partnership with Mistral AI, a French company, and its expansion plans in Europe support Nvidia's solid market position. Although he lowered the price target, the analyst still sees strong growth potential for Nvidia, and cited healthy demand, solid margins, and a strong capital spending cycle across major tech firms as key drivers for the stock's long-term performance. Nvidia Corp. (NASDAQ:NVDA) is a leading innovator in the design and production of graphics processing units (GPUs), system-on-a-chip (SoC) solutions, and AI-driven hardware and software. The company's GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide. 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
14-06-2025
- Business
- Business Insider
AMD Stock Slips 2% Despite Analyst Updates
Advanced Micro Devices (AMD) stock was down on Friday after analysts updated their coverage of the semiconductor company's shares. These updates followed its Advancing AI event yesterday, which included new chip announcements. Confident Investing Starts Here: This spurred several top analysts to update their coverage of AMD stock: Oppenheimer analyst Rick Schafer reiterated a Hold rating. Wells Fargo analyst Aaron Rakers maintained a Buy rating and $120 price target. Evercore ISI analyst Mark Lipacis kept a Buy rating and increased his price target to $144 from $120. Bank of America Securities analyst Vivek Arya reiterated a Buy rating and $130 price target. Robert W. Baird analyst Tristan Gerra maintained a Buy rating and $140 price target. J.P. Morgan analyst Harlan Sur kept a Hold rating and $120 price target. Stifel Nicolaus analyst Ruben Roy reiterated a Buy rating and $132 price target. Roth MKM analyst Sujeeva De Silva maintained a Buy rating and increased his price target to $150 from $125. Benchmark Co. analyst Cody Acree kept a Buy rating and $170 price target. Morgan Stanley analyst Joseph Moore reiterated a Hold rating and $121 price target. Barclays analyst Thomas O'Malley maintained a Buy rating and $130 price target. Citi analyst Christopher Danely kept a Hold rating and increased his price target to $120 from $100. AMD Stock Movement Today AMD stock was down 1.95% on Friday morning, extending a 3.81% year-to-date decrease. The shares have also decreased 25.77% over the past 12 months. Is AMD Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for AMD is Moderate Buy, based on 22 Buy and 11 Hold ratings over the past three months. With that comes an average AMD stock price target of $129.41, representing a potential 11.52% upside for the shares.
Business Insider
30-05-2025
- Business
- Business Insider
Marvell (MRVL) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Rick Schafer reiterated a Buy rating on Marvell (MRVL – Research Report) yesterday and set a price target of $95.00. The company's shares closed yesterday at $63.73. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Schafer is a top 25 analyst with an average return of 25.1% and a 71.69% success rate. Schafer covers the Technology sector, focusing on stocks such as Marvell, Analog Devices, and Monolithic Power. In addition to Oppenheimer, Marvell also received a Buy from TD Cowen's Joshua Buchalter in a report issued yesterday. However, on May 28, Redburn Atlantic initiated coverage with a Hold rating on Marvell (NASDAQ: MRVL). The company has a one-year high of $127.48 and a one-year low of $47.09. Currently, Marvell has an average volume of 19.8M. Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MRVL in relation to earlier this year.
