July 2, 2024, 8:16 p.m.
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Nvidia is the best way to play AI for the 'next 10 years' - Yahoo Finance

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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