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Nvidia CEO Jensen Huang Eases Investor Concerns On AI Demand, Blackwell Timeline And More: 'Everybody Is Counting On Us'

Benzinga ·  Sep 12 11:51

$NVIDIA (NVDA.US)$CEOJensen Huanggave updates on AI demand, Blackwell products and return on investment during a speech at a Goldman Sachs technology conference Wednesday.

Analysts and investors come away encouraged by the update and the timeline of Blackwell.

Goldman Sachs on NVDA:Customer return on investment, a competitive moat and the ongoing Blackwell ramp were among the key highlights from Huang's presentation for Goldman Sachs analyst Toshiya Hari.

The analyst, who has a Buy rating and $135 price target on NVDA, said Huang highlighted the current rate of innovation.

"He noted that the densification and acceleration of the $1 trillion...

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