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UPDATE: UBS Maintains Buy on NVIDIA, Raises Price Target to $300 As Firm Sees 'a path to ~$10 EPS in FY21 (non-GAAP) on the back of a new 7nm product cycle in both data center + gaming.' Notes 2 Reasons:

1. On the gaming side, 7nm should re-establish the price/performance gap with AMD even as Navi proliferates up the stack. 2. In data center, momentum for T4 on the inference side remains very strong, while

Benzinga · 01/23/2020 15:29

1. On the gaming side, 7nm should re-establish the price/performance gap with AMD even as Navi proliferates up the stack.

2. In data center, momentum for T4 on the inference side remains very strong, while 7nm data center is ramping on track and though capacity allocation at TSMC remains a concern, ASP is so high that revenue potential is still considered as conversational AI proliferates.