Nvidia’s Physical AI Revenue Tops Prior-Year Total as Goldman Holds $300 Target
Photo: TokenPost
Nvidia’s physical AI revenue had passed the prior fiscal year’s full-year total by its GTC Berlin keynote, while capacity plans pointed to higher output as investors weighed whether AI spending was nearing a peak. Goldman Sachs maintained its Buy rating and $300 price target in an Oct. 21 report after attending the keynote. The bank described the event’s immediate effect on Nvidia shares as limited, while saying it reinforced its view that AI deployment remains on track. Goldman based its target on 30 times normalized earnings per share of $10. Nvidia shares closed at $216.47 on Oct.
Source: TokenPost
