Hwang In-hoon “showed his muscles” at CES! Investment bank Wedbush is optimistic about Nvidia (NVDA.US) with a market capitalization of 5 trillion US dollars

Zhitongcaijing · 01/07 13:41

The Zhitong Finance App learned that investment bank Wedbush Securities said that the latest content released by Nvidia (NVDA.US) CEO Huang Renxun at the Consumer Electronics Show on Monday may further expand its “huge technological leadership” in the semiconductor industry and other technology companies.

Analyst Dan Ives said, “The most important message conveyed by Hwang In-hoon is that Nvidia will launch a series of new artificial intelligence technologies in the fields of robotics, autonomous driving technology, personal computers, etc. These technologies will further expand Nvidia's huge technological lead over other semiconductor technology companies and large technology companies.”

“In this artificial intelligence arms race in the global technology ecosystem, this is an important moment for Nvidia to show its strength.”

In his keynote address, Hwang In-hoon announced several robotics and autonomous driving initiatives, including Cosmos, the world's first physical artificial intelligence model that can be used to advance robotics.

Ives said that the robotics and autonomous driving technology market represents another “incremental market opportunity” worth 1 trillion US dollars. Nvidia can expand into this market and help the company exceed the market valuation of 4 trillion US dollars over the next 12 to 18 months, and may even reach 5 trillion US dollars.

Other announced products include GeForce RTX 50 series GPUs, Nvidia's new Nemotron series based on the Meta platform's Llama model, and collaboration with Japanese automaker Toyota to develop the Japanese automaker's newest autonomous vehicle.

Ives added: “After last night's event, we are more optimistic about Nvidia and the artificial intelligence revolution as a whole, as the next phase of investment and technology around artificial intelligence is on the horizon, which could usher in a new era for the tech world in the next few years.”