Nvidia (NVDA, Financial) has unveiled Jupiter, Europe's fastest supercomputer, powered by the innovative Nvidia Grace Hopper platform. This system achieves more than double the speed for high-performance computing and AI tasks compared to its nearest competitor. Jupiter is set to become Europe's first exascale supercomputer, anticipated to perform 1 quintillion FP64 operations every second.
Jupiter will significantly enhance the simulation, training, and inference capabilities of the most advanced AI models. This includes applications in climate science, quantum research, structural biology, computational engineering, and astrophysics. As Nvidia continues to push the boundaries of technology, the Jupiter supercomputer marks a significant milestone in European computational capabilities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 52 analysts, the average target price for NVIDIA Corp (NVDA, Financial) is $174.71 with a high estimate of $372.87 and a low estimate of $100.00. The average target implies an upside of 22.49% from the current price of $142.63. More detailed estimate data can be found on the NVIDIA Corp (NVDA) Forecast page.
Based on the consensus recommendation from 65 brokerage firms, NVIDIA Corp's (NVDA, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NVIDIA Corp (NVDA, Financial) in one year is $273.40, suggesting a upside of 91.68% from the current price of $142.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NVIDIA Corp (NVDA) Summary page.
