sbobetbaccarat| Institutional forecast: In a bull market scenario, Nvidia's share price is expected to rise above US$1500 next year!

Evercore ISI released a report this week that although Nvidia's shares have soared over the past yearSbobetbaccaratMore than 200%, but the stock still has great potential to rise.

Evercore rated Nvidia as "outperforming the market" with a target price of $1160, with 36 per cent potential upside from current levels. The company believes that in a bull market scenario, Nvidia's shares could soar to $1540 next year, up 81 per cent from current levels.

Evercore says the reason for setting such a high target price is that Nvidia is more than just a chip company, although most investors still think so.

Mark Mark Lipacis, an analyst at Evercore, saidSbobetbaccarat"We think investors underestimate: 1) the importance of the chip + hardware + software ecosystem created by Nvidia; 2) the computing era lasts 15-20 years and is usually dominated by a vertically integrated ecosystem company with returns between 100-1000 times."

The key argument for Lipasi's bullish view is that Nvidia is a participant in an artificial intelligence ecosystem and a clear leader in a new computing platform that will drive efficiency gains in the coming years.

"such 'ecosystem players' typically account for 80 per cent of the value created in their respective computing ages, while other companies compete for another 20 per cent," says Mr Lipasi. "

Mr Lipasis predicts that by 2030, Nvidia will have 80 per cent of the parallel processing market, which could be worth more than $350 billion. In this case, Nvidia's earnings per share will be $69 by the end of the decade, compared with 11 per share last year.Sbobetbaccarat.93 dollars.

"We believe that the structural shift in the current era of parallel processing / Internet of things computing began five to eight years ago, and Nvidia is the dominant ecosystem in parallel processing, and this is only the beginning of huge returns for investors," says Mr Lipasi.

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