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Brief news summary
Nvidia shares are experiencing a decline after reaching a market high, but Rosenblatt Securities analyst Hans Mosesmann is not worried. He believes that the sale pressure is insignificant when considering Nvidia's potential in the AI field. Mosesmann has issued the highest price target for Nvidia on Wall Street, emphasizing that the company is not just a semiconductor firm anymore but a platform encompassing everything AI-related. While there may be challenges, Mosesmann views Nvidia as the best way to play AI for the next decade.Nvidia shares are declining after reaching a market high, but analyst Hans Mosesmann believes there's no cause for concern. He has a positive view on the stock and has issued the highest price target for Nvidia on Wall Street. Mosesmann sees Nvidia as the best way to invest in AI for the next decade, stating that it is no longer just a semiconductor company but a platform encompassing all things AI.
He also mentions that while Nvidia may lose market share, it can still capture value by monetizing the entire AI stack. Mosesmann's analysis suggests that Nvidia's recent volatility should not overshadow its long-term potential in the AI market.
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