Nvidia customers to adjust their costs until 2026, Da Davidson says

Da Davidson maintains a neutral rating and $135 Price target By Nvidia (NVDABeyond its success in the data center, the company has made several announcements at CES that its presence in many AI categories is good, but the company believes 2025 will be a big year for its large customers to cut costs modestly. to 2026. The firm added that Nvidia shares responded well to the absence of a material update on Blackwell equipment or a lack of data center products at the company’s CES presentation.

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