Nvidia stock can still climb another 26% as supercomputer launch solidifies its lead in the AI arms race, Bank of America says
The key to Nvidia's successnecessary for generative artificial intelligence, according to the bank.
"AI upside is driving strong performance year-to-date, but we believe we are only at the start of the story. Only ~15% of cloud servers are accelerated today, becoming more essential as GPUs are required for proper training of LLMs," BofA said.
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