BofA reiterates Buy on 'sector top pick' Nvidia ahead of CES tradeshow - InvestingChannel

BofA reiterates Buy on ‘sector top pick’ Nvidia ahead of CES tradeshow

BofA reiterates a Buy rating on “sector top pick” Nvidia ahead of the CES tradeshow that starts January 6 with a keynote and other events featuring CEO Jensen Huang. While stating that “the big themes have already been mentioned in the media ahead of the event,” the firm still sees CES as a positive catalyst that can re-assert Nvidia’s “platform dominance” and opportunity in high-growth markets, the analyst tells investors. At the event, the firm is looking for updates on the company’s robotics strategy with “Jetson Thor,” from silicon to software and emergence of a “physical AI” theme; the launch of RTX 50xx, Blackwell variants of PC gaming cards with enhanced “neural rendering” and faster GDDR7 memory; potential entry into AI PCs, likely via partnership or a “small: chance of a standalone PC CPU; and an update on data center including current-gen Blackwell, upgraded variants and a teaser on next-gen Rubin due in calendar year 2026.

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