Lates News

Citigroup analyst Atif Malik reiterated his buy rating for NVIDIA in a report to clients on Thursday, stating that discussions at the Citigroup Global TMT Conference confirmed strong growth in the artificial intelligence market next year and expectations for a smooth transition from the GB200 to GB300 chips for NVIDIA. However, Malik pointed out that in the context of widespread GPU shortages, Google is indirectly competing with NVIDIA by providing tensor processing units (TPUs) to competitors such as Meta, OpenAI, and Oracle.