DA Davidson Reiterates a Buy Rating on Nvidia

DA Davidson analyst Gil Luria reiterated on January 12, 2025, a ‘Buy’ rating on Nvidia.

“Mr.

Huang kicked off CES by unveiling that the Vera Rubin platform is in full production and delivers up to 10x lower token cost and trains mixture-of-expert (MoE) models with 4x fewer GPUs.

Furthermore, Mr.

Huang spent time highlighting the platform shift to physical AI and announced the Alpamayo family of open source models designed to accelerate autonomous driving.

We came away from the event with the view that NVDA (BUY) will remain ahead of peers like AMD and AVGO for the foreseeable future.”

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